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Andrew Stuart Fastow (born December 22, 1961) is an American convicted felon and former financier who was the chief financial officer of Enron Corporation, an energy trading company based in Houston, Texas, until he was fired shortly before the company declared bankruptcy. Fastow was one of the key figures behind the complex web of off-balance ...
Jul 19, 2024 · Andrew Fastow was the CFO of Enron who masterminded the accounting fraud that led to the company's collapse in 2001. Learn about his role, conviction, and whereabouts, as well as the fates of other Enron executives such as Ken Lay and Jeff Skilling.
Andrew Fastow, who helped orchestrate the fraudulent accounting practices that led to Enron's downfall, received a lenient sentence from a federal judge in 2006. He cooperated with prosecutors and shareholders, but his wife also served time for a tax crime.
Dec 2, 2021 · Fastow, seen as one of the chief architects of using off-book partnerships to conceal billions of dollars of losses and debt, pled guilty to securities and wire fraud in 2004 and was sentenced to six years in prison. His wife, Lea, also worked at Enron, where she was an assistant treasurer; she was sentenced to a year in prison.
Andrew Fastow admitted to conspiring to commit securities and wire fraud, and agreed to cooperate with the Enron investigation. He and his wife Lea Fastow also pleaded guilty to tax evasion charges and forfeited millions of dollars.
Apr 24, 2019 · The former Enron CFO, who was awarded and imprisoned for his role in the accounting fraud, shares his insights on ethics and rules in finance. He argues that the system failed to prevent the collapse of Enron and other companies.
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Jan 6, 2016 · Fastow was the mastermind behind a supremely complex network of off-balance-sheet special purpose entities and shell companies used to conceal years of massive losses, leveraged on Enron stock ...
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