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Browse: Home / 2013 / May / 09 / Former Enron CEO Jeff Skilling may leave prison by 2017

Former Enron CEO Jeff Skilling may leave prison by 2017

By Securities Docket on May 9, 2013, 7:17 am

Former Enron CEO Jeffrey Skilling would be out of prison in 2017—more than 10 years early—under a proposed sentencing agreement submitted to a federal judge in Houston on Wednesday.

Under the agreement, which could be finalized within weeks, Skilling would give up all of his remaining rights to appeal, and his 2006 convictions on 19 criminal counts would stand. He also would give up any claims to the $40 million he was ordered to forfeit. But the deal would allow Skilling, 59, to salvage more of his life, getting out of prison at age 63 instead of age 74.

via Former Enron CEO Jeff Skilling may leave prison by 2017 – CNBC

Posted in Criminal, Top | Tagged Enron, Sentencing

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