Enron's former chief financial officer, Andrew Fastow, has been charged with fraud and money laundering in connection with the collapse of the energy giant.
US Justice Department officials said Fastow was charged at a court in Houston, Texas.
Department officials said Enron had enlisted the help of 'major financial institutions' to manipulate its books and that officials would seek to freeze another $11m of Fastow's assets.
Since Enron's spectacular collapse last December, Fastow has been the focus of numerous investigative efforts, involving the US Congress, Justice Department and Securities and Exchange Commission.