Enron CFO Indicted: The Biggest Corporate Fraud Unravels
A federal grand jury in Houston indicts former Enron CFO Andrew Fastow on 78 counts of fraud and conspiracy, sealing the legal fate of the architect behind the company's massive financial collapse. This indictment forces Fastow to turn state witness against his former boss, providing prosecutors with the critical evidence needed to dismantle the corporate structure that had already bankrupted thousands of employees.
October 31, 2002
24 years ago
Key Figures & Places
money laundering
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conspiracy (crime)
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Houston, Texas
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obstruction of justice
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Enron
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Andrew Fastow
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wire fraud
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Texas
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Enron
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Money laundering
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Criminal conspiracy
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Houston
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Obstruction of justice in the United States
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Andrew Fastow
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Mail and wire fraud
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What Else Happened on October 31
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Conspirators toppled Empress Irene and exiled her to Lesbos, installing Finance Minister Nikephoros as the new Byzantine emperor. This violent transition ended …
General Mu'nis al-Muzaffar slaughters Caliph al-Muqtadir during a failed military confrontation, ending the ruler's reign through direct violence. This brutal c…
couronnement de l'antipape Clément VII, début du Grand Schisme d'Occident.
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