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Ex-Enron finance chief Fastow out of prison

Federal prison officials have moved the former finance chief of failed energy giant Enron Corp. from a prison in Louisiana to a halfway house in Houston.
Former Enron Chief Financial Officer And
Former Enron Chief Financial Officer Andrew Fastow James Nielsen / AFP/Getty Images
/ Source: The Associated Press

The mastermind behind financial schemes that doomed Enron Corp. has returned to Houston this week to serve the remainder of his six-year sentence at a halfway house.

A U.S. Bureau of Prisons spokesman says Andrew Fastow has joined another former Enron executive who is also serving part of his sentence at the halfway house.

A third ex-Enron executive who had been at the facility left a day after Fastow arrived.

Fastow on Monday left a federal prison in Louisiana, where he served most of his prison sentence, and reported to the halfway house.

His attorneys did not immediately return telephone calls seeking comment.

Fastow is the former chief financial officer for Enron. He was sentenced in 2006 for his role running various schemes to hide company debt and inflate profits.