SCOTUS to Take Up ‘Vague’ Fraud Law

The Supreme Court is set to hear three big cases charging that the anti-corruption laws are too vague and recent high-level prosecutions under them must be struck down.

The law at issue, an amendment to the Wire and Mail Fraud Act of 1988, makes it illegal for More…

Another Former Enron Exec Heads to Prison – But Where Are the Bankers?

This shouldn’t go by unnoticed: The former head of Enron’s failed Internet division was just sentenced to 16 months in prison, The Washington Post reports. Joseph Hirko, the former broadband unit CEO also agreed to pay $8.7 million in restitution. Prosecutors contend Hirko falsely promoted Enron’s broadband division to More…