Question

Mr. Kenneth lay, founder/ceo and chairman of enron

Answer 1

Kenneth Lee Lay (April 15, 1942 – July 5, 2006) was the founder, CEO and Chairman of Enron and was heavily involved in the Enron scandal, a major accounting scandal that unraveled in 2000 in the largest bankruptcy ever to that date. Lay was indicted by a grand jury[4] and was found guilty of 10 counts of securities fraud in the trial of Kenneth Lay and Jeffrey Skilling.[5] Lay died in July 2006 while vacationing in his house near Aspen, Colorado, three months before his scheduled sentencing.[6] A preliminary autopsy reported Lay died of a myocardial infarction (heart attack) caused by coronary artery disease; his death resulted in a vacated judgment.[7][8][9]