As we reported earlier, Jeffrey K. Skilling, ex-CEO, Enron, could have well broken the record for the longest prison sentence ever received for corporate fraud.
However, that didn’t happen as he fell shy of the 25-year long sentence by a whisker. He will now serve 24 and a quarter year behind bars now for his role in the massive Enron fraud.
Skilling showed remorse over whatever happened to Enron, however, he still maintained that he was not guilty. Skilling is not going to prison yet. However, the judge confined him to his home with a tracker permanently bound on his ankle to monitor his movements. It will be there till the time he begins his term behind bars. He said that he would appeal his sentence before a higher court.
If the sentence stays, it will be very difficult for him to come out of prison alive as he is already 52. By the looks of it, chances look extremely slim for the man who once headed one of the largest corporations of the world.
