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Former Enron CEO Jeffrey Skilling Has Been Released from Prison

He was convicted of multiple counts of fraud and insider trading in connection with the collapse of the Houston-based energy giant

This file photo shows former Enron CEO Jeffrey Skilling being escorted from the Houston federal courthouse on June 21, 2013. Skilling has been sent to a halfway house in Texas.

Former Enron executive Jeffrey Skilling has been released from prison.

Skilling has been sent to a halfway house in Texas, according to the Federal Bureau of Prisons.

Skilling was Enron’s CEO and was convicted of multiple counts of fraud and insider trading in connection with the collapse of the Houston-based energy giant.

He was sentenced to 24 years in prison, but that sentence was later reduced to 14 years. He was also fined $45 million dollars.

The Enron scandal led to widespread federal accounting reforms for corporations.

Skilling is scheduled to be released from the halfway house on February 21, 2019.

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