Thursday, November 29, 2007

Bankers Plead Guilty in Enron Case

Tax Office
HOUSTON (AP) — Three British bankers who were set to go to trial for their roles in a fraudulent scheme with former Enron Chief Financial Officer Andrew Fastow changed their pleas to guilty Wednesday.

David Bermingham, Giles Darby and Gary Mulgrew had originally pleaded not guilty to seven counts of wire fraud for allegedly colluding with Fastow in a secret financial scam in 2000 to enrich themselves at their employers' expense. They were set to go on trial in January.

But during a court hearing before U.S. District Judge Ewing Werlein Jr., each pleaded guilty to one count of wire fraud as part of a plea agreement with federal prosecutors.
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