Ex-Enron CFO begins 6-year sentence in Louisiana federal prison

Ex-Enron CFO begins 6-year sentence in Louisiana federal prison

[JURIST] The US Federal Bureau of Prisons [official website] has assigned former Enron chief financial officer Andrew Fastow [JURIST news archive] to a federal detention center in Oakdale, Louisiana [official website], according a new inmate listing on the FBP website. FDC Oakdale is a minimum security facility which already houses convicted former WorldCom CEO Bernard Ebbers [JURIST report].

Fastow was sentenced [JURIST report] on September 26 after pleading guilty [text; PDF] to conspiracy to commit wire fraud and conspiracy to commit wire fraud and securities. He will serve 6 years. AP has more.