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Wall Street Fraud

Former Chief of Enron Dies

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Editor: Debra G. Speyer, Esq.
Profession: Attorney

July 06, 2006

By Debra Speyer

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Former Enron chief, Ken Lay died. What may be procedurally interesting is that because he had not been sentenced prior to his death and a final judgement had not been issued, his conviction could be set aside, and as a result, his estate would therefore not be subject to criminal forfeitures and fines, only civil forfeiture.

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