Lea Fastow will spend five months in jail under the arrangement. And it should help pave the way for prosecutors to get husband Andrew to plead guilty as well.
That, in turn, will leave the door open for the courts to go after former chairman Ken Lay and ex-CEO, Jeffrey Skilling.
Fastow faces 96 criminal charges as well as a civil court case. If he co-operates with prosecutors he is likely to become the most senior Enron official to go to jail – so far.
His lawyers have reportedly been negotiating with prosecutors for Fastow to accept a 10-year jail term and pay a $20m (£11m) fine to settle the civil case.
Enron collapsed in December 2001 with debts of around $67bn.
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Carter Backer Winter has acquired Edwards Financial Services, expanding its financial planning department
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton