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|13th May 2005||Fraud Investigation||Former Enron executive sentenced|
|A former Enron finance executive has been sentenced to three years and 10 months in prison for his role in a bogus deal to boost earnings.
Dan Boyle was sentenced alongside former Merrill Lynch bankers Robert Furst and William Fuhs, who will both serve three years and one month.
Enron fraudulently recorded the 1999 contract as a $12m (£6m) profit.
The former energy giant went bankrupt in December 2001 with massive debts after mass frauds were discovered.
Under the fraudulent deal orchestrated by Mr Boyle, Enron sold Merill Lynch electricity-producing barges in Nigeria, before later buying them back at a pre-set price.
Enron recorded the deal as a $12m profit, but under accounting rules it was actually a loan.
"I am the only one responsible for my acts and omissions ... I'm truly sorry," said Mr Boyle in a statement.
A number of former Enron employees are being tried in the US courts.
The company's former chief financial officer Andrew Fastow, seen as the architect behind the mass of fraudulent deals, last year struck a plea bargain with prosecutors that is expected to see him eventually serve a 10-year prison sentence.
Mr Fastow is also expected to testify against former Enron chairman Ken Lay and chief executive Jeffrey Skilling when their trail begins early next year.
|Other Reports on Enron|
|26th Sep 2006||Fraud Investigation||Enron||Fastow gets six-year term|
|13th Aug 2006||Fraud Investigation||Enron||Prosecutors raise Enron boss fine|
|25th May 2006||Fraud Investigation||Enron||Lay and Skilling guilty|
|15th May 2006||Fraud Investigation||Enron||Enron bosses 'stole to pump egos'|
|11th May 2006||Fraud Investigation||Enron||Judge deals blow to Enron accused|
|26th Apr 2006||Fraud Investigation||Enron||Enron feared witch hunt, Lay says|
|24th Apr 2006||Fraud Investigation||Enron||Lay 'devastated' by Enron failure|
|18th Apr 2006||Fraud Investigation||Enron||Skilling defends Enron share sale|
|13th Apr 2006||Fraud Investigation||Enron||Skilling slams Enron prosecutors|
|12th Apr 2006||Fraud Investigation||Enron||Enron 'held no cookie jar fund'|
|11th Apr 2006||Questionable Practice||Enron||Skilling denies cover-up at Enron|
|10th Apr 2006||Fraud Investigation||Enron||I'm innocent says ex-Enron chief|
|3rd Apr 2006||Fraud Investigation||Enron||Key Enron witness 'lied in court'|
|22nd Mar 2006||Fraud Investigation||Enron||Enron treasurer tells of 'lies'|
|16th Mar 2006||Fraud Investigation||Enron||Enron whistleblower condemns Lay|
|14th Mar 2006||Fraud Investigation||Enron||Key Enron witness 'duped bosses'|
|9th Mar 2006||Fraud Investigation||Enron||Lay 'lied about Enron finances'|
|7th Mar 2006||Fraud Investigation||Enron||Enron bosses hid massive losses|
|1st Mar 2006||Fraud Investigation||Enron||Enron 'pretty fast and loose with its rules'|
|27th Feb 2006||Fraud Investigation||Enron||Enron money man 'raided reserves'|
|9th Jan 2005||Fraud Investigation||Enron||Enron bosses agree $168m payout|
|3rd Nov 2004||Fraud Investigation||Enron||Convictions in Enron fraud trial|
|28th Jun 2004||Other Issue||Enron||Enron ex-boss breaks his silence|
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