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British Bankers Charged with Wire Fraud in Enron Scheme

Aired June 27, 2002 - 18:50   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
LOU DOBBS, HOST, "LOU DOBBS MONEYLINE": This just in to CNN, we have late developments tonight involving Enron. Three former British bankers have been charged with wire fraud in what the Justice Department calls a scheme involving Enron. All three are former employees of National Westminster bank.

The Justice Department alleges the three men secretly invested in one of those Enron special purpose entities, the so-called partnerships -- the one called South Hampton, allegedly siphoning off more than $7 million that rightfully belonged to their employer, the bank.

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