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Fastow was one of the key figures behind the complex web of off-balance sheet special purpose entities (limited partnerships which Enron controlled) used to conceal their massive losses.
He is currently serving a prison sentence for charges related to this conduct.
On October 31, 2002, Fastow was indicted by a federal grand jury in Houston, Texas on 78 counts including fraud, money laundering, and conspiracy.
On January 14, 2004, he pled guilty to two counts of wire and securities fraud, and agreed to serve a ten-year prison sentence.
He also agreed to become an informant and cooperate with federal authorities in the prosecutions of other former Enron executives in order to receive a reduced sentence.