Former Enron Broadband Exec Gets 16 Months

Law360, New York (September 28, 2009, 6:01 PM EDT) -- The former co-head of Enron Broadband Services Inc. was sentenced Monday to 16 months in prison and ordered to hand over about $8.6 million in forfeiture and restitution for disseminating misstatements about the viability of Enron Corp.'s failed telecommunications venture.

Joseph Hirko, 53, of Portland, Ore., reached a plea agreement with prosecutors last year in the U.S. District Court for the Southern District of Texas, in which he agreed to cooperate with the government's criminal investigation of other EBS executives, after an appeals court denied his...
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