Andrew Fastow Net Worth is$500 Thousand
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Andrew Fastow Net Worth

Andrew Fastow Net Worth is $500 Thousand. Andrew Fastow is an American businessman he has a net worth of $500 thousand. Andrew Fastow has earned his net worth as the former chief ...[read more]

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Profession: Businessperson
Date of Birth: Dec 22, 1961
Country: United States of America

What is Andrew Fastow Net Worth?

How much is Andrew Fastow Net Worth?

How much is Andrew Fastow Salary?

Andrew Fastow is an American businessman he has a net worth of $500 thousand. Andrew Fastow has earned his net worth as the former chief financial officer of the Enron Corporation. In 2001 the U.S. Securities and Exchange Commission investigated both Enron and Fastow; he was later indicted by a federal grand jury in 78 counts including fraud, money laundering, and conspiracy. Enron used limited partnerships which they controlled to hide massive losses. Fastow pled guilty to two charges, in return for a lighter sentence he became an informant and help in the prosecutions of other former Enron executives. Fastow's wife Lea who was a former Enron assistant treasurer was sentenced to one year in a federal prison in Houston in 2004. In addition she also severed one additional year of a supervised released after pleading guilty to a misdemeanor tax charge. Andrew was born on December 22, 1961 in Washington, D.C he graduated from Tufts University with a B.A. in both economics and Chinese in 1983. During his days at New Providence High School he took part in the student government, played on the tennis team, and he was also a member of the school band. Fastow was the only student representative on the Board of Education for the State of New Jersey. In May 2011 he was transferred to a halfway house as a transition process for his upcoming release. You can read several books about the Enron conspiracy and Andrew Fastow such as: Conspiracy of Fools written in 2005 by Kurt Eichenwald, and the 2003 book by Bethany McLean and Peter Elkind called The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron. Later in 2005 the book was turned in a feature film titled Enron: The Smartest Guys in the room.

Flash News about Andrew Fastow

With new venture, former Enron CEO Skilling proves he still fascinates

The recent report of Skilling’s overtures to investors again sent the Houston business community buzzing, much as other reports of his activities. Nearly 20 years after Enron collapsed, Skilling conti ...
Posted: June 26, 2020, 4:00 am

Enron chief seeks plea bargain deal

Former Enron finance chief Andrew Fastow is expected to a reach a plea bargain deal that could see him jailed for 10 years, but get a much reduced sentence for his wife. If lawyers and judges in ...
Posted: June 21, 2020, 5:01 pm

IT Management Reference Guide

On September 26, 2006, U.S. District Judge Kenneth Hoyt sentenced Andrew Fastow, the former Chief Financial Officer of Enron Corporation, to six years in prison for his role in the company’s $60 ...
Posted: May 19, 2020, 5:00 pm

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