Andrew Fastow - Definition and Overview

Andrew S. Fastow was the chief financial officer of Enron Corporation until the Securities and Exchange Commission opened an investigation into his conduct in 2001. Fastow is allegedly the mastermind behind the complex web of offshore partnerships used by Enron to conceal its massive losses.

He is being represented by David Boies and Richard Drubel of Boies, Schiller & Flexner and David Gerger of Foreman, DeGuerin, Nugent & Gerger.

On November 1, 2002, Fastow was indicted by a federal grand jury in Houston, Texas on 78 counts including fraud, money laundering, and conspiracy.

His wife, Lea Fastow, a former Enron assistant treasurer, pled guilty to a misdemeanor tax charge and is currently serving a 1 year sentence in a federal prison in Houston, Texas.

External links

• Andrew S. Fastow - Enron Corp., Russ Banham, CFO Magazine, October 01, 1999.
  • http://www.cfo.com/Article?article=1340
• Enron Officer Fastow Indicted, Carrie Johnson and Peter Behr, The Washington Post, November 1, 2002.
  • http://www.washingtonpost.com/wp-dyn/articles/A49019-2002Oct31.html