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Gold/Mining/Energy : A to Z Junior Mining Research Site

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To: 4figureau who started this subject8/20/2002 5:40:50 PM
From: 4figureau  Read Replies (1) of 5423
 
Former Enron Exec to Plead Guilty

>>Kopper was a top lieutenant to ex-chief financial officer Andrew Fastow and became a focus of investigators because of his involvement in Enron-related partnerships. Whether the plea was attached to an agreement to cooperate with investigators was not immediately clear.<<

By Christopher Newton
Associated Press Writer
Tuesday, August 20, 2002; 5:03 PM

WASHINGTON –– Former Enron executive Michael Kopper will plead guilty to wire fraud and money laundering charges, the first admission of guilt in the federal investigation of the fallen energy giant.

Kopper, former managing director of Enron Global Finance, will enter pleas Wednesday in Houston to single charges of conspiracy to commit wire fraud and money laundering, sources close to the investigation said Tuesday.

Kopper was a top lieutenant to ex-chief financial officer Andrew Fastow and became a focus of investigators because of his involvement in Enron-related partnerships. Whether the plea was attached to an agreement to cooperate with investigators was not immediately clear.

washingtonpost.com
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