Former Enron boss fails to have prison sentence reduced

The US Supreme Court left intact Jeffrey Skilling’s conviction for leading the Enron accounting fraud, refusing to grant a second hearing to the imprisoned former chief executive.

16th April, 2012
Former Enron boss fails to have prison sentence reduced
Former Enron chief executive Jeffrey Skilling at his trial for conspiracy and fraud in 2006.

The US Supreme Court left intact Jeffrey Skilling’s conviction for leading the Enron accounting fraud, refusing to grant a second hearing to the imprisoned former chief executive officer.

Today’s rebuff leaves Skilling with nothing to show for his victory at the Supreme Court in 2010, when the justices said prosecutors used an improper legal theory to convict him. A federal appeals court then reaffirmed his 19-count conviction, saying the verdict would have been...

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