The Supreme Court on Thursday ruled in three cases involving fraud under the federal honest services law. Ex-Enron CEO Jeffrey Skilling, newspaper magnate Conrad Black, and former Alaska state Rep. Bruce Weyhrauch are all likely to benefit.
The US Supreme Court narrowed the definition of 'honest services' fraud, throwing out a portion of Enron CEO Jeffrey Skilling’s conviction. It’s a blow to the Justice Department.
The Supreme Court will hear arguments Tuesday in two cases that explore whether a federal 'honest services' law is too vague. A third case, to be heard later, involves the anti-corruption methods used in convicting former Enron chief executive Jeffrey Skilling.