00

Prosecutions

2 entries

E

Enron-Blockbuster Partnership

A 20-year video-on-demand deal between Enron Broadband Services and Blockbuster that lasted eight months, generated virtually no revenue, and produced $111 million in fraudulent profits through mark-to-market accounting and a structured finance vehicle called Project Braveheart.

N

Nigerian Barge Deal

A fraudulent year-end 1999 transaction between Enron and Merrill Lynch involving Nigerian power barges that resulted in criminal prosecutions and landmark appeals.