Sim Lake

Skilling Sentence Reduced to 14 Years, Marking Accountability Erosion

2013-06-21 00:00:00 +0000 UTC | Importance: 9/10

On June 21, 2013, U.S. District Judge Sim Lake approved a deal reducing former Enron CEO Jeffrey Skilling’s prison sentence from 24 years to 14 years—a 10-year reduction that symbolized the erosion of corporate accountability in the decade following the Enron prosecutions. The sentence …

Jeffrey Skilling Department of Justice Sim Lake corporate-fraud enron criminal-prosecution accountability-erosion legal-outcome

Jeffrey Skilling Sentenced to 24 Years for Enron Fraud

2006-10-23 00:00:00 +0000 UTC | Importance: 10/10

On October 23, 2006, former Enron CEO Jeffrey Skilling was sentenced to 24 years and four months in federal prison for his role in the Enron fraud, representing one of the harshest sentences ever imposed on a corporate executive. U.S. District Judge Sim Lake also ordered Skilling to forfeit …

Jeffrey Skilling Department of Justice Sim Lake corporate-fraud enron criminal-prosecution securities-fraud corporate-accountability