The wife of former Enron executive and convicted felon Andrew Fastow, she was the second former Enron executive to go to prison … Fastow is a native of Houston, Texas, where she was born into a Jewish family. While there, he met his future wife, Lea Weingarten, daughter of Miriam Hadar Weingarten(a former Miss Israel 1958), whom he married in 1984. Lea Weingarten Fastow is a former Enron assistant treasurer who pleaded guilty to tax evasion and filing fraudulent Income Tax returns. Fastow and Weingarten both earned MBAsat Northwestern Universityand worked for Continental Illinoisbank in Chicago. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. With Thursday's grand jury indictment, 19 people have been charged … Q: And because of your efforts, you caused her to go to jail. A fifth former broadband executive, Rex Shelby, was expected to turn himself in at a later date due to a family emergency. Most stock quote data provided by BATS. Andrew Fastow is an American businessman who has a net worth of $500 thousand. All rights reserved. Fastow reported to prison on July 12, 2004, and was released to a halfway house on July 11, 2005. The Houston Chronicle, citing … Q: Why did you involve your wife and your children like this? Former Enron CEO Jeffrey Skilling is looking at ways to return to the energy business, according to two sources familiar with his activities. Andrew Fastow being taken into court through a crowd of news media 2. Marshals escorted Andrew Fastow, center, from a federal courthouse in Houston on March 13, 2006, his final day of testimony against fellow Enron executives Ken Lay and Jeffrey Skilling. Various sketches of Fastow in court facing US District Judge Kenneth Hoyt 3. Disclaimer. The grand jury also returned a 218 count superseding indictment expanding charges relating to Enron's failed Internet division, Enron Broadband Services. The Securities and Exchange Commission also leveled civil charges against five of the seven, all former executives of Enron's once highly touted broadband technology division, alleging fraud to inflate the price of Enron's stock. She and her husband both attended Congregation Or Ami, a conservative synagogue.[3]. Houston, Texas - 26 September 2006 1. Andrew Stuart "Andy" Fastow is a convicted felon and former financier who was the chief financial officer of Enron Corporation, an energy trading company based in Houston, Texas, until he was fired shortly before the company declared bankruptcy. 's power couple, on Monday became inmate No. U.S. JPMorgan dramatically slashes Tesla's stock price forecast, Greece is finally done with its epic bailout binge, Europe is preparing another crackdown on Big Tech, SoftBank and Toyota want driverless cars to change the world. Ken Rice, the broadband chief, Glisan and four other division executives arrived at the Houston FBI office within a half-hour Thursday morning and did not speak to reporters. She graduated from Tufts University, where she met her future husband, and earned an MBA at Northwestern University. Enron scandal, series of events that resulted in the bankruptcy of the U.S. energy, commodities, and services company Enron Corporation and the dissolution of Arthur Andersen LLP, which had been one of the largest auditing and accounting companies in the world. Lea Fastow, left, wife of ex-Enron CFO Andrew Fastow, was indicted Thursday. Charges against ex-CFO expanded, his wife Lea and other former execs also indicted. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 All Rights Reserved.Terms HOUSTON ?- Lea Fastow, who was born into Houston? Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Factset: FactSet Research Systems Inc. 2018. The former assistant treasurer at Enron walked into the Internal Revenue Service office in Houston with her husband early Thursday and surrendered. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. "Prosecuting this guy is like prosecuting the piano player in a whorehouse," Boyle's attorney Bill Rosch said after arriving with his client. The seven who surrendered Thursday were expected to be taken from the FBI office to the Houston federal courthouse for initial appearances. Morningstar: © 2018 Nearly 15 years ago the actions of Enron’s C-suite executives led to the company’s demise. In addition, former Enron Assistant Treasurer Lea W. Fastow, Andrew Fastow's wife, has agreed to plead guilty to filing a false joint tax return for 2000, in which she failed to report income from a partnership related to Enron. Andrew Fastow : biography December 22, 1961 – Andrew Stuart Fastow (born December 22, 1961) is an American businessman who served as the chief financial officer of Enron Corporation, an energy trading company based in Houston, Texas, until the U.S. Securities and Exchange Commission opened an investigation into his and the company’s conduct in 2001. [4], "Lea Fastow to Complete Sentence at Halfway House", "Some attribute greed to couple's ultimate downfall", "Fed rap for Fastow's wife Charged with stealing over 130G from Enron", https://en.wikipedia.org/w/index.php?title=Lea_Fastow&oldid=994256125, Creative Commons Attribution-ShareAlike License, This page was last edited on 14 December 2020, at 20:35. A: Yes. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All times are ET. In this interview with Andrew Fastow, former Enron CFO, read how the toxic corporate culture and his rationalizations behind “finding the loopholes” led to one of the largest and most well-known cases of corporate fraud and corruption. The wife of former Enron Corp. finance chief Andrew Fastow is negotiating a plea bargain with prosecutors, a newspaper reported Thursday. 's monied elite and became half of Enron Corp.? Enjoy more articles by logging in or creating a free account. Do Not Sell. Former CFO of Enron Corp. later date due to a family emergency “.. A family emergency tax returns $ 150 million in unlawful profits ago the actions Enron... By her lawyers superseding indictment expanding charges relating to Enron 's failed Internet division, Enron broadband Services Enron failed... 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