PracticeAccounting FirmsSpotlight falls on ex-Enron accounting officer

Spotlight falls on ex-Enron accounting officer

After dealing with Enron's former chief financial officer, Andrew Fastow, charging him with fraud and money laundering, US prosecutors have turned their anger on chief accounting officer, Richard Causey.

Link: Enron CFO faces money laundering charge

The former Andersen accountant is named as an accomplice in a wide range of Fastow’s alleged illegal deals in the prosecutors 36-page criminal complaint.

Accusations include cutting a secret deal to ensure that one of Fastow’s private partnerships, LJM, would never lose money on an Enron deal.

It could all be key in the prosecutors attempts to gather witnesses against their main targets; former chief executives Kenneth Lay and Jeffrey Skilling.

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