Former Enron Executive Gets 2 Years of Probation
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Enron Corp.’s former No. 2 executive in investor relations and later its corporate secretary was sentenced to two years’ probation for insider trading.
Paula Rieker, 52, had faced as many as 10 years in prison. Prosecutors requested the reduced sentence because Rieker aided Enron scandal investigators.
Rieker pleaded guilty in May 2004 to insider trading for selling Enron shares in mid-2001 upon learning that its broadband division lost millions of dollars more than had been publicly disclosed.
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