The automated signature machine did it. Attorneys for Kenneth Lay suggested that bank loan documents containing terms he allegedly violated were actually signed by an automatic signature device in the Enron founder's office and not by him. Lay went on trial last week on one count of bank fraud and three counts of making false statements regarding personal banking issues. The trial got under way the day after jurors began deliberating the fraud and conspiracy case of Lay and Jeffrey Skilling.
May 22, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The automated signature machine did it. Attorneys for Kenneth Lay suggested bank loan documents containing terms he allegedly violated actually were signed by an automatic signature device in the Enron Corp. founder’s office and not by him.
Lay went on trial Thursday on one count of bank fraud and three counts of making false statements regarding personal banking issues.
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