Arizona Public Radio | Your Source for NPR News
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Lay Pleads Not Guilty to Enron Fraud Charges

Former Enron CEO and Chairman Kenneth Lay pleads not guilty to federal charges that he participated in a scheme to deceive investors and government regulators about his company's financial health.

Lay entered his plea in a Houston federal court after surrendering to authorities on charges of securities fraud, wire fraud, and conspiracy. NPR's Wade Goodwyn reports.

Copyright 2022 NPR. To see more, visit https://www.npr.org.

Wade Goodwyn is an NPR National Desk Correspondent covering Texas and the surrounding states.