BusinessCompany NewsEnron Broadband CFO found guilty

Enron Broadband CFO found guilty

Former exec found guilty on five counts

Following the convictions of former Enron bosses Ken Lay and Jeff Skilling,
another senior executive, this time of an Enron subsidiary, has been found
guilty on numerous charges.

Kevin Howard, former chief financial officer of Enron Broadband Services, was
yesterday found guilty of five counts of conspiracy, wire fraud and falsifying
books and records.

Howard’s attorney Jim Lavine said he was looking at an appeal for his client.
He will be sentenced on 11 September, the same day as Skilling and Lay. He faces
up to 30 years in federal prison.

At the same time, former Enron inhouse accountant, Michael Krautz, was
acquitted of the same charges, making him only the second ex-Enron employee to
be found not guilty by a jury.

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