The appeal of former Enron CEO Jeffrey Skilling’s conviction in one of the country’s biggest accounting fraud cases is set to be heard by the U.S. Supreme Court. Tom Ajamie and Marketplace's Brett Neely discuss how the Supreme Court’s decision on Skilling’s conviction could impact other corporate crime cases.
Brett Neely: "The Supreme Court took Skilling’s appeal because it’s interested in the honest services statute. It was originally used to fight government corruption, but prosecutors now use it against businesses. Tom Ajamie is a lawyer in Houston."
Tom Ajamie: "It’s basically used anytime there’s some type of corporate fraud, saying that well, what the employee was doing really wasn’t providing honest services, and see, the evidence here is that there was a fraud."