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DOJ Demands More Than $12M From Lay's Estate

Law360 (October 24, 2006, 12:00 AM EDT) -- The U.S. Department of Justice has sued the estate of Enron founder Ken Lay, saying it should forfeit more than $12 million in housing and investments.

The lawsuit seeks $2.5 million from the forfeiture of the high-rise condominium where Lay's widow, Linda, lives. It also demands more than $10 million from a family partnership and $22,000 from a bank account.

Lay died in July before he could appeal his conviction on six counts of conspiracy and fraud and four charges of bank fraud in the energy...
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