Houston (Aug. 21, 2002) -- The right-hand man to Enron's former chief financial officer pleaded guilty Wednesday to money laundering and wire fraud -- but fingered his boss as the ringleader.Michael Kopper, 37, was managing director of Enron Global Finance under former CFO Andrew Fastow. Kopper left Enron months before its failure to run one of several partnerships created by Fastow that have been credited with leading to the company's demise.
As part of his plea agreement, Kopper agreed to turn over $12 million in illegal profits and cooperate with the government's continuing Enron investigation. Kopper is the first Enron executive to be convicted.
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