Ex-Enron CEO reaches agreement with DOJ to reduce prison sentence

10 years could be shaved off of Skilling’s sentence

Imprisoned former Enron Corp. CEO Jeffrey Skilling might have just gotten a lucky break.

The 59-year-old executive—who has so far served six of his 24 years behind bars for conspiracy, securities fraud, insider trading and lying to auditors—has reached an agreement with the Department of Justice (DOJ) to cut his federal prison sentence to 14 years. That means Skilling could walk free as soon as 2018.

Ashley Post

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