BusinessCompany NewsEnron chief accountant to face fraud charges

Enron chief accountant to face fraud charges

Former Enron chief accountant Richard Causey is expected to be charged with conspiracy to commit fraud this week after former boss Andrew Fastow implicated him in the scandal.

Link: Enron CFO agrees guilty plea

Causey is alleged to have helped ex-finance director Fastow conceal fraudulent deals and payments that contributed to the collapse of the company in 2001.

Fastow has already entered a plea bargain that sees him admit to two counts of conspiracy to commit fraud and help the authorities with investigations into other company executives, including Causey. In return he receives a ten-year jail sentence, according to the Times.

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