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Pai's frequent strip club visits during his time with Enron led to an affair with stripper [24] Melanie Fewell (who was also married), and resulted in a pregnancy. Upon learning of the affair, Pai's then-wife of over 20 years, Lanna Lee, with whom he has two children, filed for divorce. [3]
Dec 2, 2021 · Pai left his wife to marry an ex-topless dancer, and his lawyer argued the stock sales were tied to the divorce, according to court documents. In 2008, Pai settled insider trading charges and agreed to pay regulators $31.5 million.
May 17, 2006 · Still, months before Enron went under, Pai left, becoming the company's richest executive. After all, he had a brand new wife to support. He married the stripper he was seeing on the side.
- Madeleine Brand
Jan 29, 2006 · His wife, Lea, a former assistant treasurer at Enron, was also ensnared in the fraud. She pleaded guilty to a misdemeanor tax offense in 2004 for failing to report some gains earned from Mr....
Dec 3, 2021 · By Naureen Malik, Mark Chediak and Greg Farrell. Bloomberg. Dec 3, 2021. It’s been 20 years, to the day, since Enron Corp. filed for bankruptcy, marking one of the most spectacular financial...
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Feb 3, 2023 · Lou Pai’s wife of 20 years, Lanna Pai, whom he had two children with, filed for divorce after she found out about the affair. To satisfy the financial terms of his divorce settlement, Pai cashed out about $250 million of his Enron stock, a few months before the company’s stock prices tanked and later filed for bankruptcy.