After a federal judge denied a request from Jeffrey Skilling to remain free on bond pending an appeal, the former Enron chief executive reported to a low-security federal prison in Minnesota Wednesday.
The U.S. Court of Appeals in New Orleans gave about a day’s reprieve to Skilling, 53, earlier this week, while it considered granting him bail. Skilling began serving his 24-year sentence for a conviction on securities fraud and conspiracy charges, related to his role in the accounting fraud that led to the company’s historic collapse, in the early afternoon.
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