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Andrew Fastow
(redirected from Fastow)

   Also found in: Wikipedia 0.01 sec.
Andrew Fastow
The chief financial officer at Enron from 1998 until 2001. That year, it was revealed that many of Enron's assets were either overpriced or completely fictional; losses were hidden in offshore subsidies, and most profits were fraudulent. Fastow shared responsibility for much of this; he traded his testimony against co-conspirators in exchange for a lighter prison sentence. He was born in 1961.


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The conviction caps a four-year investigation that nabbed 16 guilty pleas from ex-Enron executives, including former chief financial officer Andrew Fastow and former chief accounting officer Richard Causey.
Press accounts have too often portrayed Fastow as a whiz kid or numbers genius.
He said friends, some Enron workers and members of Fastow's family used loans from him or Fastow to invest so the partnerships appeared independent of Enron.
 
 
 
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