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Jeffrey Skilling

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  1. Enron Corporation
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Get updates on Jeffrey Skilling
Skilling restitution to go to Enron victims' fund

The more than $40 million that will go to Enron victims under a sentencing agreement with Jeffrey Skilling this week will be used to revive a depleted victims' fund, a Justice Department official said.Spokesman Peter Carr said on Thursday the money will go to the Enron Fair Fund for investor victims, which finished paying out more than $500 million last July.Skilling agreed to allow the funds to be released as part of a deal announced on Wednesday under which his sentence will be cut by as much as 10 years. He was sentenced to 24 years in prison in 2006 for his role in one of the biggest corporate frauds in U.S. history. A federal appeals court upheld Skilling's conviction but found the original sentence too harsh.U.S. District Judge Sim Lake in Houston, who must approve the deal, is scheduled to resentence Skilling on June 21.About $450 million was paid into the Enron Fair Fund through corporate and individual settlements with the U.S. Securities and Exchange Commission. The Departmen...

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  1. Former Enron CEO Skilling in deal to cut prison term

    Jeffrey Skilling, the former Enron Corp chief executive, could be freed from prison nearly a decade sooner than originally expected, under an agreement with federal ...

  2. Enron's Skilling reaches deal for shortened sentence

    Jeffrey Skilling, the convicted former Enron Corp chief executive, could be freed from prison a decade earlier than originally expected over his role in bringing dow...

  3. Former Enron CEO Skilling to have prison term shortened

    Jeffrey Skilling, the former Enron Corp chief executive, has reached an agreement with federal prosecutors that could result in his 24-year prison term over the ener...

  4. Enron's Skilling Could See Sentence Shortened

    Former Enron CEO Jeffrey Skilling could be getting a shorter prison term over his role in the collapse of the company, said media reports. Lawyers representing Skill...

  5. Enron's Skilling Could Get Early Prison Release

    Former Enron Chief Executive Jeffrey Skilling, who is serving a 24-year sentence over the company's spectacular collapse, may get a chance to leave prison early.The ...

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