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Lea Fastow released from prison after serving Enron tax fraud sentence

[JURIST] Lea Fastow, wife of former Enron [JURIST news archive] chief financial officer Andrew Fastow, was released from prison Monday after serving a one year sentence. Fastow, a former assistant treasurer at the Texas corporation, pleaded guilty [JURIST report] last June to filing a false federal tax return related to money she and her husband received from Enron financial dealings. Fastow will now serve 5 weeks in a Houston federal halfway house. Andrew Fastow pleaded guilty to two counts of conspiracy for his role in the downfall of Enron, and faces ten years in prison. The Houston Chronicle has local coverage.

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Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible format.

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