Washington (May 21, 2004) -- Paula H. Rieker, a former managing director for investor relations and corporate secretary for Enron Corp., pled guilty to insider trading and agreed to cooperate with the government's ongoing investigation into the energy firm's collapse.
Rieker, 49, of Spring Branch, Texas, entered a guilty plea this week in a U.S. District Court in Houston. She faces up to 10 years in prison and a fine of up to $1 million. So far, 30 defendants have been charged in connection with the work of the Enron Task Force, and with Rieker's plea, 11 defendants have been convicted.
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