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Non-Tech : The Enron Scandal - Unmoderated -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (2730)	7/30/2003 8:45:10 AM
From: Glenn Petersen	Respond to of 3602

Fastow, wife may be tried at same time boston.com By Associated Press, 7/29/2003 OUSTON -- Former Enron Corp. finance chief Andrew Fastow, who has fought to get a case against his wife postponed until after his own trial, is now opposing a suggestion from prosecutors that the two face tax and fraud charges at the same time. Fastow, 41, tried earlier this month to persuade US District Judge Kenneth Hoyt, who is presiding over his case, and US District Judge David Hittner, who is presiding over his wife's narrower case, to schedule his trial as early as January and postpone hers to begin after his concludes. Lawyers for Fastow and his wife, Lea, argued that his testimony is critical to her case, but he cannot testify on her behalf until after his trial, which has yet to be scheduled, on many more counts of masterminding accounting schemes at the energy company. Hittner, who had denied a similar request from Lea Fastow's attorneys, stood firm that her trial be scheduled for Jan. 27. Late last week federal prosecutors offered another scenario -- schedule Andrew Fastow's trial for Jan. 27 as well. Andrew Fastow's team wants Hoyt to hold off on setting a trial date for another two months while both sides continue sifting through millions of documents to prepare their cases. Hoyt heard arguments in a closed hearing yesterday, but an attorney in the case said the judge made no rulings or decisions. Andrew Fastow faces nearly 100 counts of fraud, insider trading, money laundering, conspiracy, filing false tax returns and obstruction of justice for allegedly running schemes to rake in millions of dollars for himself, his family and selected friends and colleagues at the expense of Enron and its investors. On May 1, an indictment was unsealed charging Lea Fastow, a former assistant treasurer at Enron, with six counts of money laundering, conspiracy, and filing false tax returns for her alleged role in one of the schemes. The same day, the indictment against Andrew Fastow was expanded to add two defendants -- former Enron treasurer Ben Glisan Jr. and former finance vice president Dan Boyle. Glisan is charged with money laundering, fraud and conspiracy to commit fraud and falsify books for allegedly helping run and profit from some of the partnerships. Boyle faces two counts of conspiracy for allegedly taking part in a deal that helped Enron wrongly book a profit. In a separate Enron-related case, Assistant US Attorney Ben Campbell said yesterday prosecutors anticipate adding ''one or two defendants'' to a 218-count indictment charging seven former Enron executives with fraud relating to the firm's failed broadband unit. This story ran on page F2 of the Boston Globe on 7/29/2003. © Copyright 2003 Globe Newspaper Company.