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Saturday, September 18, 2004

First Enron criminal trials to start Monday
D. Wes Rist at 4:26 PM ET

The first of the criminal trials against former executives of Enron, the mega-sized energies, commodities, and services company which declared bankruptcy in 2001, will commence Monday. The six individuals up for trial are charged with conspiracy and wire fraud. This is the first of three scheduled criminal trials for former Enron executives.

Former Enron Chairman Ken Lay, Chief Executive Officer Jeffrey Skilling, and Chief Accounting Officer Richard Causey are all scheduled for trial together, but motions are currently pending from defense attorneys to split the trial into three separate cases. CNN has history on the downfall of Enron here. JURIST's Paper Chase has previous reports on the Enron scandal here. Reuters has more on Monday's pending proceedings.




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