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Kenneth Lay, the former chairman as well as a founder of US energy giant Enron died of a heart attack at his home in Aspen, Colorado on Wednesday. Lay was 64.
Lay was convicted of fraud and conspiracy charges by a federal jury in Houston on May 25 for his role in the high-profile collapse of Enron.
He was due to be sentenced on October 23. His attorney's were preparing an appeal to the conviction.
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