BusinessCompany NewsFormer Enron broadband CFO faces retrial

Former Enron broadband CFO faces retrial

Jury selection begins for trial of former execs

The former chief financial officer and the in-house accountant of Enron’s
failed broadband unit are to be re-tried on conspiracy and fraud charges.

Jury selection has begun ahead of the trials of ex-CFO Kevin Howard and
in-house accountant, Michael Krautz after last year’s three-month trial ended in
a hung jury.

The government re-indicted both men on one count of conspiracy and falsifying
books and records, and three counts of wire fraud for allegedly faking $111m
(£60m) in earnings in the fourth quarter of 2000 and the first quarter of 2001,
WebCPA reported. 

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