British Bankers Extradited in Connection with Enron

By: Associated Press
By: Associated Press

Three British bankers can be extradited to the United States to face fraud charges related to the Enron case. That ruling came Tuesday from a British court.

David Bermingham, Gary Mulgrew and Giles Darby each face seven counts of wire fraud. They deny any wrongdoing.

The three men are charged with defrauding Britain's National Westminster Bank of more than seven (M) million dollars. The scheme
allegedly was engineered by Andrew Fastow. He's the former finance
chief at Houston-based Enron, which collapsed in scandal in 2001.

Today's ruling marks the first test case of Britain's 2003 extradition act, which drastically reduced the evidence US officials have to produce when they're seeking to extradite suspected felons.

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