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Lay Begins Bank Fraud Trial As Jury Deliberates

Law360 (May 18, 2006, 12:00 AM EDT) -- The fraud and conspiracy case is coming to an end for Enron Corp. founder Kenneth Lay, but a new trial in a separate case is just beginning. The hearing, which accuses Lay of fraud stemming from personal banking, will commence on Thursday.

U.S. District Judge Sim Lake will preside over both trials.

Unlike the conspiracy case, which has now dragged to almost four months, the banking fraud trial is expected to take only a few days. Also unlike the conspiracy case, this trial will not have...
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