--- title: "Enron — Richard Causey: accounting role and case outcomes" language: en canonical: https://dossiertwist.com/dossiers/enron/participants/richard-causey/ as_of: 2026-10-15 keywords: ["Enron","Enron Creditors Recovery Corp.","LJM","Chewco","JEDI","Raptor","Arthur Andersen","Andrew Fastow","Kenneth Lay","Jeffrey Skilling","structured finance","bankruptcy","California electricity","accounting restatement"] --- # Enron — Richard Causey: accounting role and case outcomes - Also known as: Richard Causey **Question.** What was Causey’s role and final legal outcome? **Answer.** Causey was Enron’s chief accounting officer and an LJM transaction reviewer. He pleaded guilty to securities fraud and received 66 months in prison. ## Roles and the dated record - Analysis: Causey signed Enron’s November 2001 restatement disclosure as executive vice president and chief accounting officer. The board also assigned him a transaction-review role for LJM. The Powers inquiry criticised incomplete identification of LJM dealings and information supplied to the Audit Committee, while recognising the significance of Andersen’s concurrence in many accounting judgments. [s-doc7] [s-doc13] - Analysis: He pleaded guilty to securities fraud in December 2005. The 66-month sentence imposed in November 2006 was the actual outcome, rather than the earlier plea’s seven-year provision. The criminal announcement described forfeiture, a fine and abandonment of deferred-compensation claims; the SEC’s separate consent judgment later added permanent officer-and-director and accounting-practice restrictions. [s-doc128] [s-doc129] [s-doc133] ## Sources - [s-doc7] Company statement source · s-doc7 - [s-doc13] Company statement source · s-doc13 - [s-doc128] Former Enron Chief Accounting Officer Richard Causey Pleads Guilty to Securities Fraud, U.S. Department of Justice - [s-doc129] Former Enron Chief Accounting Officer Richard Causey Sentenced to 66 Months in Prison for Securities Fraud, U.S. Department of Justice - [s-doc133] SEC settles civil fraud charges against Richard A. Causey — Litigation Release 19996, U.S. Securities and Exchange Commission