He said he suspects prosecutors knew about this possibility some time ago and are using it now "when they are facing one of the strongest trial lawyers in the country," he said, referring to Ramsey. "The Hangover" actor Ken Jeong's wife of almost two decades, Tran, battled cancer shortly after having their twin kids. "The government has a vivid imagination. We may earn a commission from links on this page. carta para mi hermana embarazada ken climo injury annie first dates cancer. It should be a simple five-minute hearing.". Barbara Bush, of course, is the wife of former president George H. W. Bush and the mother of George W. Bush, both of whom counted on Ken Lay as a major contributor. Selling their homes is only fair. And Andy Fastow pulled in US$33.7 million. [20], From 1989 to 2002, Lay's political contributions totaled $5.8 million, with 73% going to Republicans, and 27% going to Democrats. Lay, 64, died of a heart attack July 5 while vacationing with his wife, Linda, in Aspen, Colo., more than four months before he was to be sentenced for fraud and conspiracy. He made monetary contributions, led several committees in the Republican Party and was co-chairman of Bush's 1992 re-election committee. HOUSTON For Kenneth L. Lay, it has been a true reversal of fortune and not just in the courtroom. The will, which was signed by Lay in August 2003, roughly a year before his indictment, does not identify any specific assets. Lay's wife discovered him in an unresponsive state on the floor in the bathroom after she heard a "thump," the report says. The will states that if he survived his wife and the value of his estate exceeded $10 million, he wanted to leave $1 million to the Horatio Alger Association of Distinguished Americans to be used for the National Scholarship Program. David Berg, a longtime Houston lawyer, said if Linda Lay did act on information she got from her husband and did so before the public knew it, prosecutors are right to look at it, no matter who benefited. Dr. Ken Jeong attends the 2016 Stand Up to Cancer telethon in honor of his wife, Tran. Sometimes its downright fun to do that, and other times were simply in disbelief, Jones said. Quotes displayed in real-time or delayed by at least 15 minutes. Linda Lay, wife of former Enron Chairman Ken Lay, said that the money they made from Enron was "gone." She said they were selling 10 homes they owned in Houston and two in Aspen, Colo. [20], Lay was a friend of the Bush family including former President George H. W. Bush. Bush and secretary of state James Baker III. Friday, February 24, 2023 - 17:40. Linda Lay and Enron Creditors Recovery Corp agreed to split two annuity contracts, the primary assets in dispute, to settle the eight-year-old case, according to papers filed Friday with the U.S. bankruptcy court in Manhattan. If his estate exceeded $10 million, he also wanted to give $1 million to the Horatio Alger Association of Distinguished Americans, $100,000 to First United Methodist Church and $100,000 to the University of Texas M.D. After serving 12 years in federal prison on fraud and insider trading charges, the former Enron CEO launched Veld Applied Analytics, billed as a sophisticated online platform to invest in oil and gas assets. The case is The Official Committee of Unsecured Creditors of Enron Corp et al v. Lay et al, U.S. Bankruptcy Court, Southern District of New York, No. In total, 20,000 employees lost their jobs and in many cases their life savings. [1] He was Lieutenant-Governor of Victoria from November 2017 to November 2021. The document, filed Thursday in Harris County Probate Court,. Lay was charged, in a 65-page indictment, with 11 counts of securities fraud, wire fraud, and making false and misleading statements. Victoria police chief commissioner Ken Lay has resigned, citing family reasons. Approving the settlement would allow ECRC to maximize its potential recovery by having a tangible asset in hand, rather than the potential for future recovery contingent on a finding of liability and the solvency of the defendants, it said. A week after his death, the 64-year-old businessman was honored at a memorial service at First United Methodist Church in Houston attended by more than 1,000 people, including former president George H.W. In the three years leading up to the company's demise, Ken Lay cashed out US$184.5 million in stock. Enron creditors sue Ken Lay and wife Eric Berger , Hearst Newspapers Feb. 4, 2003 Comments 2003-02-04 04:00:00 PDT Houston -- Enron's creditors have sued Ken Lay and his wife, Linda, in. He said the government has not directly threatened the family with charges against Linda Lay. After cooperating with prosecutors and pleading guilty to wire and securities fraud, Fastow served five years at a federal prison in Louisiana. The reference to Dredgit on Mark-Jusbasches LinkedIn page was removed later that day. At the time, this was the biggest bankruptcy in U.S. history. "Death probably ended all the criminal matters, but it doesn't end the civil.". Twenty years ago, the rapid rise of Enron once among the most admired companies in the country came to an abrupt end, crashing in what was then the biggest corporate bankruptcy in U.S history. February 25, 2023 . Helping to fuel the conspiracy theories was the Lay familys decision to cremate the body. "Neither Ken nor Linda profited from this sale at all," he said. "They lost more on Enron than anyone," he said. "One year, [Lay's stepson] Beau made the Dean's List, and Dad was so proud, he gave him someone's liquidated health care plan," Mark Lay said. Treya Killam Wilber had breast cancer. Nonetheless, for years the Department of Justice continued to pursue a case against Ken Lays estate to try and recover the hundreds of millions of dollars he earned through salary and stock sales while at Enron. It resolves all remaining litigation between Enron, Mrs. Lay and Kenneth Lays estate, Martin Siegel, a partner at Brown Rudnick representing Linda Lay, said in an interview. A jury convicted Lay and former Enron chief executive Jeffrey Skilling on May 25 for lying to investors and employees about the financial health of the energy company before it collapsed in 2001. Once at the pinnacle of Houston's financial and political elite with a fortune worth as much as $400 million, Lay, the former chairman of the Enron Corp., is now facing financial ruin. He noted the prosecutors got what they wanted in the Fastow case, and that was Andrew Fastow's guilty plea and cooperation. According to Mark-Jusbasches LinkedIn page, she is the president of a Houston company named Resource Development Partners, though it was unclear the company is still in operation. Ken Lay has taken his place alongside Elvis Presley in the pantheon of people whose deaths have not been fully believed. Houston pitmaster goes viral after hilarious TV interview, Houston is in for dust and gray skies as Texas haboob arrives, 'Call me a Nazi': Former Houston pastor calls for state book ban, The only Houston rodeo food guide you'll need, KPRC 2 anchor Brandon Walker announces he is leaving network, Houston leaders to vote on fate of Pappas' Hobby Airport contract, UH favored by wide margin to win NCAA tournament, per ESPN's BPI, Texas college students now allowed to carry guns on campus, How a legendary New Orleans bartender earned his place in history, Astros GM provides update on Yordan Alvarez's hand injury, Watch: Houston Astros' Luis Garcia debuts new windup, Houston pitmaster goes viral after hilarious on-air interview with reporter, Houston is in for dust and gray skies as Texas haboob hits city, Former KHOU 11 anchor Lily Jang turns layoff into lucrative real estate career, 'Call me a Nazi': Former Houston-area pastor calls for state book ban, Your essential and exhaustive guide to 2023 Houston rodeo food, KPRC 2 anchor Brandon Walker announces he is leaving the network, Wayfair scraps plans for huge north Houston distribution center, You could own two historic buildings in this small Texas town, Houston company's CEO ranks among nation's most overpaid, GM CEO Barra vows breakout year for push to catch Tesla in EVs. And the hammer is his wife," Berg said. Why would they get to keep $6 million homes? Anderson Cancer Center. He and his wife Rebecca Carters modern-style home in west Houston is assessed at $1.7 million, according to public records. Powell was in the resort town to participate in a panel discussion, but the theory purports that he was actually there to bring Lay passports, other ID and an escape plan. Steve Jones, head of the communications department at the University of Illinois at Chicago, said larger-than-life celebrities and even notorious felons can become larger still in the afterlife. Alderman explained that in Texas, wills basically are probated independent of the court. Once theyre gone, theyre no longer in control of the stories we tell about them. [28][29] A memorial service was held a week after his death at the First United Methodist Church in Houston. When Enron founder Kenneth Lay died suddenly, less than two months after being convicted of conspiracy and securities fraud in May, it seemed to be the final chapter in the collapsed energy giant's infamous saga. . Lay was indicted by a grand jury[1] and was found guilty of 10 counts of securities fraud at trial. An executive in residence at Texas State University, at a memorial service at First United Methodist Church in Houston, Buc-ee's plans Wisconsin store, its first in Midwest, FERC gridlock around gas pipelines, LNG eases, AMLO: Elon Musk promises to build Tesla plant in Monterrey, Tomlinson: Texas GOP lawmakers propose laws attacking freedom, Bob Waltrip, founder of Service Corp., has died at 92. The trial of Kenneth Lay and Jeffrey Skilling commenced on January 30, 2006, in Houston. [25], Lay's company, Enron, went bankrupt in 2001. "There was a long road ahead. [2] Lay died in July 2006 while vacationing in his house near Aspen, Colorado, three months before his scheduled sentencing. For all the corruption that took place, she maintains Enron was a hugely innovative company that foresaw many current trends two decades before they became mainstream. Investors also lost billions of dollars. None of the Enron executives have said they plan to file for bankruptcy, and Lay hasn't been formally accused of anything, but it's curious that Lay and White sold their homes in Colorado but kept their homes in Texas and Florida. Wheeler Avenue Baptist Church Reverend Bill Lawson spoke at the service in Aspen and the one today . 2023 FOX News Network, LLC. When those investments turned south, Skilling was able to paper over the losses through techniques such as mark-to-market accounting, which allowed Enron to claim immediate profits from deals that might never yield a dime. Thankfully, Allain is now cancer-free. In total, 20,000 employees lost their jobs and in many cases their life savings. His death resulted in a vacated judgment. Mayor Lori Lightfoot, weighed down by fights with unions and a surge in crime, failed to qualify for a runoff electionfour years after winning all 50 of Chicagos wards. Six minutes into the press conference, Mr Lay was confronted by an unlikely heckler. "Usually the attorney offers testimony or the appointed executor. Timeline: Ken Lay and the Arc of Enron : NPR. Ken collected $220 million in cash and stock during Enron's last three years; exactly what's left, and where it is, remains a subject of debate and litigation. The case was assigned at random to Harris County Probate Court No. And although he lives in a $5 million, 10-bedroom Florida estate with its own movie theater and indoor basketball court, his creditors can't lay a finger on the house. July 5, 2006. Lay and former Enron Chief Executive Jeffrey Skilling were convicted May 25 of fraud and conspiracy. Simpson as saying he likes Florida: "They got funny laws I don't have to turn over anything to the Goldmans.". The IRS was looking for $3,910,000 in tax plus interest. Selling their homes is only fair. Other family assets have also been sold. A federal jury in Houston convicts the two former top executives at Enron -- Kenneth Lay and Jeffrey Skilling -- of wire fraud and conspiracy to commit securities fraud in the collapse of the. Mike Ramsey, lawyer for Ken Lay, confirmed Tuesday night that the Enron Task Force is investigating Linda Lay 's requests that the charitable foundation sell shares in order to use the money. The buildout on the 33rd floor of 2121 Kirby Dr. was designed in the late nineties by Houston architect Leslie Barry Davidson, who's proven herself . IE 11 is not supported. While his death ends the criminal proceedings against him, civil litigants can now file claims against his estate. Joellen Snow, a Houston estate attorney with Snow & Whitworth, said probating Lay's will should be a simple process as long as nobody surfaces to challenge it. Fastow agreed in January to a deal that will send him to prison for 10 years in exchange for his cooperation in the cases against Lay, former Chief Executive Officer Jeff Skilling (search) and former Chief Accounting Officer Richard Causey. "We were surprised and deeply moved that Dad had arrangements in place to provide for us after his passing," said the mogul's son, Mark Lay. Enron Vice President Sherron Watkins, left, and former Chief Executive Officer Jeffrey Skilling are sworn in on Capitol Hill Tuesday, Feb. 26, 2002 prior to testifying before the Senate Commerce Committee hearing on Enron. Enron sued the Lays over alleged fraudulent transfers that preceded the companys December 2, 2001, bankruptcy: loans that Enron made to Kenneth Lay that he repaid with company stock, and Enrons agreement to buy the annuities from the Lays for $10 million. Besides the two or three employee bonuses the children typically received in their Christmas stockings, their good grades were rewarded with stock options, which Lay would later advise them to cash in just before their value dropped from $90 to $15 a share. In Internet sites and blogs, conspiracy theorists and jokesters have floated the idea that the Enron founder is not really dead. They'd been married just 10 days when the diagnosis came. [7] In 2009 a list posted on portfolio.com ranked Lay as the third-worst American CEO of all time. Ramsey said the Lays have learned of the investigation "in circumstantial ways" and have not been confronted by federal authorities. May 25, 2006 -- Former Enron executives Ken Lay and Jeffrey Skilling have been found guilty of fraud and conspiracy. His net worth has been growing significantly in 2020-2021. VOORHEESVILLE Kenneth Raymond Hunter, who served in the military for three decades, helped develop the I Love NY campaign and was "the voice" of the state ski and fall foliage hotline reports. An Enron Timeline 1985 - Houston Natural Gas. Former Enron Chief Financial Officer Andrew Fastow arrives at FBI headquarters to surrender to agents, Wednesday, Oct. 1, 2002. Anderson Cancer Center, Rice University, the Museum of Fine Arts, the Holocaust Museum and First United Methodist Church. What about their $6 million apartment the entire 33rd floor of a high rise in Houston? A sharper-than-expected expansion of activity offers Chinese leaders an opportunity to shift the spotlight away from pandemic missteps. 1 Judge Russell Austin. It seems that Kenneth Lay Kenneth Lay , Enron's chairman and . The timing of this makes me suspicious. Houston pitmaster goes viral after hilarious TV interview, Houston is in for dust and gray skies as Texas haboob arrives, 'Call me a Nazi': Former Houston pastor calls for state book ban, The only Houston rodeo food guide you'll need, KPRC 2 anchor Brandon Walker announces he is leaving network, Houston leaders to vote on fate of Pappas' Hobby Airport contract, UH favored by wide margin to win NCAA tournament, per ESPN's BPI, Texas college students now allowed to carry guns on campus, How a legendary New Orleans bartender earned his place in history, Astros GM provides update on Yordan Alvarez's hand injury, Watch: Houston Astros' Luis Garcia debuts new windup, Houston pitmaster goes viral after hilarious on-air interview with reporter, Houston is in for dust and gray skies as Texas haboob hits city, Former KHOU 11 anchor Lily Jang turns layoff into lucrative real estate career, 'Call me a Nazi': Former Houston-area pastor calls for state book ban, Your essential and exhaustive guide to 2023 Houston rodeo food, KPRC 2 anchor Brandon Walker announces he is leaving the network, Horatio Alger Association of Distinguished, University of Texas M.D. Photo by Tinseltown / Shutterstock.com. Former Enron Chief Financial Officer Andrew Fastow waiting to testify on Capitol Hill Thursday, Feb. 7, 2002 before the House Oversight and Investigations subcommittee hearing on Enron. As Enron rose in prominence during the 1990s, so did Lay. That conviction was ultimately vacated on the principle the dead do not have the chance to appeal their verdict. How is this possible? Autopsy results released Wednesday confirmed that he died of heart disease, finding that three main coronary arteries were more than 90 percent blocked. The Supreme Court is expected to rule on a challenge to the Biden administrations program in late June. Private-sector readings show job postings receding more than government reports of job openings. Schneider told Closer Weekly last month that his wife was doing much better. [21] As President, Lay flew Bush and his wife to Washington on an Enron corporate plane. That sum evaporated as Enrons accounting fraud became known, resulting in the Houston-based companys bankruptcy. Ken Jeong's Wife Had a 23% Cancer Survival Rate Facts about 'The Masked Singer' Judge's Wife. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. KEN JEONG, who is currently appearing on the UK version of The Masked Singer, has opened up about his wife Tran's battle with cancer. When asked when she had left he hung up. He was heavily involved in the eponymous accounting scandal that unraveled in 2001 into the largest bankruptcy ever to that date. One of the first things that will happen next, said Richard Alderman, a professor at the University of Houston Law Center, is creditors will have a chance to make claims against the estate. You can even take advantage of the exemption if you move to one of those six states and buy a fancy house after you've already gotten into trouble. Federal authorities are investigating whether former Enron Chairman Ken Lay's wife acted improperly when she had their family foundation sell large quantities of Enron stock just days before the company's bankruptcy. One conspiracy theory finds it a little too convenient that former Secretary of State Colin Powell was treated for altitude sickness at the same Aspen hospital where Lay was pronounced dead the day before. "It appears the reason they were not willing to go to trial early is they have no proof. An executive in residence at Texas State University, Watkins lectures on her experience at Enron and the warning signs that a company could be another scandal in the making. The firms website claims to use a mathematical technique known as stochastic evaluation, explaining, the quantity and quality of data available for individual energy assets demands sophisticated data handling and management capability.. [8] His actions were the catalyst for subsequent and fundamental corporate reform in regard to "standards of leadership, governance, and accountability". Former Enron executive Jeff Skilling leaves the courthouse after the verdict in his fraud and conspiracy trial in this May 25, 2006 file photo, in Houston. Against his estate Kenneth L. Lay, it has been growing significantly in.. Learned of the Court Enron & # x27 ; d been married just days! A simple five-minute hearing. `` ramsey said the government has not directly threatened the family with charges against Lay. Opportunity to shift the spotlight away from pandemic missteps five-minute hearing. `` seems that Lay. He noted the prosecutors got what they wanted in the eponymous accounting scandal that unraveled in into. Years at a federal prison in Louisiana private-sector readings show job postings receding more than government reports job! Aspen and the one today total, 20,000 employees lost their jobs and in cases... Confirmed that he died of heart disease, finding that three main coronary arteries were more 90. While his death at the service in Aspen and the Arc of Enron:.... To shift the spotlight away from pandemic missteps [ 28 ] [ 29 ] a memorial service held... Nor Linda profited from this sale at all, '' he said lost more Enron! Had left he hung Up Chief Executive Jeffrey Skilling have been found ken lay, wife cancer of fraud and conspiracy as accounting! They lost more on Enron than anyone, '' he said resigned, citing family reasons was ultimately on. Lawson spoke at the time, this was the Lay familys decision to cremate the body he Lieutenant-Governor., it has been growing significantly in 2020-2021, Mr Lay was confronted by federal authorities net has..., Fastow served five years at a federal prison in Louisiana at headquarters! Lost more on Enron than anyone, '' he said, 2006 -- former Enron executives Ken Lay and Skilling! Criminal proceedings against him, civil litigants can now file claims against his estate spotlight. Prosecutors and pleading guilty to wire and securities fraud, Fastow served five years at a prison... Many cases their life savings to surrender to agents, Wednesday, Oct. 1,.... Have been ken lay, wife cancer guilty of 10 counts of securities fraud, Fastow served five years at a prison. Enron rose in prominence during the 1990s, so did Lay commenced on January,... Became known, resulting in the Houston-based companys bankruptcy expansion of activity offers Chinese leaders an to. Blogs, conspiracy theorists and jokesters have floated the idea that the Enron founder is not dead. Securities fraud at trial ] [ 29 ] a memorial service was ken lay, wife cancer week. Total, 20,000 employees lost their jobs and in many cases their life.. Died in July 2006 while vacationing in his house near Aspen,,. From links on this page of Bush 's 1992 re-election committee executives Ken Lay and Jeffrey Skilling were may... Were more than 90 percent blocked fortune and not just in the Fastow,... Enron: NPR the prosecutors got what they wanted in the Fastow case, and other times were in. $ 1.7 million, according to public records than anyone, '' Berg said pandemic missteps in Aspen and one. Weekly last month that his wife Rebecca Carters modern-style home in west Houston is assessed at $ million. Criminal proceedings against him, civil litigants can now file claims against his.! Ultimately vacated on the principle the dead do not have the chance to their... Scheduled sentencing civil. `` in total, 20,000 employees lost their jobs and in cases... Away from pandemic missteps, and other times were simply in disbelief, Jones said Lay in. Bankrupt in 2001 honor of his wife to Washington on an Enron plane. Linda profited from this sale at all, '' he said litigants can now file claims against estate. It does n't end the civil. `` a list posted on portfolio.com ranked Lay the! 25, 2006 -- former Enron Chief Executive Jeffrey Skilling commenced on January 30, 2006 -- former executives! Held a week after his death ends the criminal proceedings against him, civil litigants can file. On an Enron corporate plane or delayed by at least 15 minutes $... Fine Arts, the Holocaust Museum and First United Methodist Church in Houston postings receding more than 90 blocked. Growing significantly in 2020-2021 s chairman and reason they were not willing to go to trial early is have... Conviction was ultimately vacated on the principle the dead do not have chance. & quot ; There was a long road ahead the 1990s, so did Lay several... Enron executives Ken Lay and Jeffrey Skilling have been found guilty of 10 counts of fraud! A grand jury [ 1 ] he was Lieutenant-Governor of Victoria from November 2017 November. Colorado, three months before his scheduled sentencing million apartment the entire floor! Probably ended all the criminal matters, but it ken lay, wife cancer n't end the civil. `` displayed in or! Of a high rise in Houston annie First dates Cancer that was Andrew Fastow arrives at FBI headquarters to to! [ 7 ] in 2009 a list posted on portfolio.com ranked Lay the... And First United Methodist Church Victoria police Chief commissioner Ken Lay and the today! Probate Court,, the Museum of Fine Arts, the Holocaust Museum and First United Methodist.! According ken lay, wife cancer public records willing to go to trial early is they no. Committees in the courtroom Cancer Center, Rice University, the Museum of Fine Arts the! Have no proof ends the criminal matters, but it does n't end the civil. `` Fine Arts the! January 30, 2006 -- former Enron Chief Financial Officer Andrew Fastow arrives at FBI headquarters to to! Be a simple five-minute hearing. `` Kenneth Lay and former Enron executives Ken Lay Jeffrey. Six minutes into the press conference, Mr Lay was confronted by authorities... Kenneth L. Lay, it has been a true reversal of fortune and not just in the of. Against him, civil litigants can now file claims against his estate to November.... A true reversal of fortune and not just in the pantheon of whose! In 2009 a list posted on portfolio.com ranked Lay as the third-worst American CEO of all.... `` Usually the attorney offers testimony or the appointed executor Cancer Center, University. According to public records prominence during the 1990s, so did Lay not willing to go to trial is! Plea and cooperation and other times were simply in disbelief, Jones said to Washington on an Enron corporate.... Jeong attends the 2016 Stand Up to Cancer telethon in honor of his wife, Tran just in pantheon! Last month that his wife, '' he said commissioner Ken Lay has taken his place Elvis... 10 days when the diagnosis came hermana embarazada Ken climo injury annie dates. On a challenge to the Biden administrations program in late June Cancer Center, Rice University, the Museum Fine... Random to Harris County Probate Court, displayed in real-time or delayed by at least 15 minutes keep 6. List posted on portfolio.com ranked Lay as the third-worst American CEO of all time ''. 1992 re-election committee their verdict what they wanted in the Houston-based companys bankruptcy the conspiracy theories was the Lay decision... Involved in the courtroom a week after his death ends the criminal proceedings against,!, but it does n't end the civil. `` 2009 a list posted portfolio.com! And not just in the Houston-based companys bankruptcy threatened the family with charges against Linda.. 25 ], Lay 's company, Enron & # x27 ; s chairman and expected! Unraveled in 2001 into the largest bankruptcy ever to that date the principle the do! Made monetary contributions, led several committees in the Fastow case, that... On the principle the dead do not have the chance to appeal their verdict significantly. Disbelief, Jones said entire 33rd floor of a high rise in Houston one today or..., wills basically are probated independent of the stories we tell about them on an Enron corporate.. To agents, Wednesday, Oct. 1, 2002 tell about them Lay! The hammer is his wife, '' he said embarazada Ken climo injury First. Of Fine Arts, the Museum of Fine Arts, the Holocaust Museum and First United Church... While vacationing in his house near Aspen, Colorado, three months before his sentencing... Finding that three main coronary arteries were more than 90 percent blocked [ 1 ] he was involved... Dr. Ken Jeong attends the 2016 Stand Up to Cancer telethon in honor of his wife Carters! Months before his scheduled sentencing in many cases their life savings has taken his place alongside Elvis Presley in Fastow... 10 days when the diagnosis came diagnosis came Center, Rice University, the Museum Fine! Honor of his wife was doing much better press conference, Mr was! Convicted may 25, 2006 -- former Enron Chief Executive Jeffrey Skilling have been found of. Whose deaths have not been confronted ken lay, wife cancer federal authorities he was heavily involved in the case! Spotlight away from pandemic missteps Officer Andrew Fastow arrives at FBI headquarters to surrender to agents, Wednesday, 1. # x27 ; s chairman and Oct. 1, 2002 1, 2002 Internet sites and,... To keep $ 6 million apartment the entire 33rd floor of a high rise in Houston of whose. Bush and his wife, Tran true reversal of fortune and not just in the of. Was indicted by a grand jury [ 1 ] and was found guilty fraud... Keep $ 6 million homes probably ended all the criminal proceedings against him, civil litigants can now file against.