September 29, 2004
Who Says the Enron Case is Going Away?
US Regulators are using all of their powers to arrest and convict anyone associated with the most embarrassing case in recent times - the Enron collapse. Regulators are using powers under this case to extradite foreign nationals. The targets of these investigations are crying foul. But they sure were there when they thought they could make a lot of money. Now it is time to pay the piper...
See the excerpt from an article on this topic:
"Three British bankers facing extradition to the United States on Enron Corp.-related fraud charges accused the U.S. government of using the proceedings as a "weapon" to pressure the men into implicating senior Enron officials in the alleged crimes.
David Bermingham, Gary Mulgrew and Giles Darby were indicted on seven counts of wire fraud by a Houston court in 2002. U.S. federal prosecutors claim the men used an Enron off-the-books partnership to defraud their employer, Greenwich NatWest, now part of Royal Bank of Scotland PLC, of $7.1-million (U.S.). They deny the charges and are fighting extradition to Texas." For the complete article click here:
To get more information on the Issues Central Sarbanes-Oxley Compliance Playbook(tm) see www.issuescentral.com or (416) 977-1496.
See the excerpt from an article on this topic:
"Three British bankers facing extradition to the United States on Enron Corp.-related fraud charges accused the U.S. government of using the proceedings as a "weapon" to pressure the men into implicating senior Enron officials in the alleged crimes.
David Bermingham, Gary Mulgrew and Giles Darby were indicted on seven counts of wire fraud by a Houston court in 2002. U.S. federal prosecutors claim the men used an Enron off-the-books partnership to defraud their employer, Greenwich NatWest, now part of Royal Bank of Scotland PLC, of $7.1-million (U.S.). They deny the charges and are fighting extradition to Texas." For the complete article click here:
To get more information on the Issues Central Sarbanes-Oxley Compliance Playbook(tm) see www.issuescentral.com or (416) 977-1496.
