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Former Enron Chief Executive Skilling Could Have Prison Sentenced Reduced

Steve Neavling
ticklethewire.com 

The Justice Department is working on a deal that would reduce the prison sentence of former Enron Chief Executive Jeffrey K. Skilling, the Los Angeles Times reports.

Skilling was convicted of insider trading, securities fraud and conspiracy, among other charges, in 2006.

His attorney has been trying to overturn the conviction ever since.

“The Department of Justice is considering entering into a sentencing agreement with the defendant in this matter,” according to a Justice Department note, the LA Times reported. “Such a sentencing agreement could restrict the parties and the Court from recommending, arguing for, or imposing certain sentences or conditions of confinement.”

It’s unclear how much the sentencing would be shortened, if agreed to by a judge, the LA Times wrote.


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