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HOUSTON (AP) - A federal appeals court on Thursday ordered former Merrill Lynch executive William Fuhs released from prison pending his appeal of his conviction related to Enron Corp.'s fraudulent sale of power barges to the brokerage.
Fuhs, of Denver, was one of five people convicted in November 2004 of helping devise Enron's $12 million sale in 1999 of power plants mounted on barges to the brokerage. That scheme helped Enron appear to have met earnings targets.
All were sentenced to more than three years in prison and all but one appealed.
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