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CEO
Skilling was indicted on 35 counts of fraud, insider trading, and other crimes related to the collapse of Enron.
He surrendered to the Federal Bureau of Investigation on February 19, 2004, and pleaded not guilty to all charges.
The main reason for his arrest was his probable knowledge of the fraudulent transactions within Enron.
About a month after quitting Enron, Skilling sold almost $60 million of his stake in the company (in blocks of 10,000 to 500,000 shares), leading to the prosecutors' allegation that he sold those shares with inside information of Enron's impending bankruptcy.
On October 23, 2006, Skilling was sentenced to 24 years and 4 months in prison, and fined $45 million.
The case is currently under appeal.
During his admissions interview for Harvard Business School, Skilling was asked, "Are you smart?" – to which he famously replied, "I'm f**king smart."