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Former British Bankers Plead Guilty to Wire Fraud in Enron Case

Three former employees of the British bank National Westminster Bank Plc (Nat West) have pleaded guilty to a charge of wire fraud in connection with a secret investment with former executives of the Enron Corporation, Assistant Attorney General Alice S. Fisher of the Criminal Division announced today.

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Former Enron CFO Settles

Former Enron Corp. Chief Financial Officer Jeffrey McMahon will pay $300,000 to settle Securities and Exchange Commission charges that he aided and abetted the energy-trading company's financial fraud, The Associated Press reported Thursday.

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