Government Allows Enron COO to Keep $5.8M Stolen From Shareholders

"Hannon faces up to five years in prison on the conspiracy to commit securities fraud charge. As part of the plea deal, he agreed to forfeit his claim on $8 million in back pay. Hannon also settled civil charges lodged by the Securities and Exchange Commission by turning over $2.2 million in assets and paying a $1 million penalty. The SEC barred Hannon from ever again serving as an officer or director of a public company."