Finding the Defendants Guilty

Kenneth Lay and Jeffrey Skilling were both found guilty of charges stemming from the collapse of the energy concern Enron.

Lay was convicted on all six counts against him in the trial with Skilling. Skilling was convicted on 19 of the 28 counts against and acquitted on the remaining nine.

The former corporate titans are now convicted felons facing years in prison after being convicted of running an elaborate fraud that gave the high-profile energy trader a glamorous illusion of success.

Jurors declared through their verdict that both men repeatedly lied to cover a vast web of unsustainable accounting tricks and failing ventures that shoved Enron into bankruptcy protection in December 2001.