Today Jeffrey Skilling, the 53-year-old former CEO of [tag]Enron[/tag], reported to [tag]prison[/tag] in Waseca, Minnesota. He begins his sentence of 24 years and 4 months in a low-security Federal Correctional Institution. Skilling’s conviction includes federal charges of [tag]fraud[/tag], [tag]conspiracy[/tag], and [tag]insider trading[/tag].

Skilling had hoped to put off his prison sentence while pursuing an appeal of his conviction, but a judge denied that request. He will have access to recreational facilities at the prison, but may be required to work a prison job which pays 12 to 40 cents per hour.