Enron Corp. founder Ken Lay, who six weeks ago was found guilty in one of the biggest corporate scandals in U.S. history, and who was expected to face decades in prison for his fraud and conspiracy convictions in the Enron collapse, died of a heart attack on Wednesday. He was 64.


Reuters:

Enron Corp. founder Ken Lay died of a heart attack on Wednesday, six weeks after being found guilty of fraud in one of the biggest corporate scandals in U.S. history.

Lay, 64, was awaiting sentencing later this year and was expected to face decades in prison for his fraud and conspiracy convictions in the Enron collapse.

“Ken Lay passed away early this morning,” Lay family spokeswoman Kelly Kimberly said in a statement.

Link

Wait, before you go…

If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.

Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.

Support Truthdig