Enron Haunts Us Still
The Enron debacle of 2 decades ago haunts our legal system today. Enron CEO Jeffery Skilling appealed to the Supreme Court of the United States because claiming that a law related to fraud was too vague. SCOTUS agreed with him thereby weakened key elements of our federal fraud statutes. Now fraudsters have a pathway to avoid convictions. When striving to prevent fraud and corruption with enforcement, we need laws that have teeth and meaning. What you and I might recognize as fraud, may not be illegal. We’ll explore this now.