Former Ohio House speaker Larry Householder was sentenced Thursday for orchestrating one of the largest political scandals in the state’s history. The scheme involved nearly $60 million in bribes to help pass a billion-dollar energy bailout.
Prosecutors in 2020 unsealed a complaint against Householder that laid out accusations of a money-laundering scheme and bribes paid to Householder so he would push through a $1.3 billion bailout for two Ohio nuclear power plants.
Householder spent more than $500,000, a significant amount of the illicit gains, to settle a business lawsuit, repair his Florida vacation home and pay off his credit card balances, according to prosecutors. was signed into law in 2019. It drew criticism from environmental advocates who had pushed for the state to invest in wind and solar energy.Householder and Matt Borges, the former chair of the Ohio Republican Party, accepted millions of dollars in bribery campaign donations from FirstEnergy in exchange for the bill’s ensured passage,
Householder and Borges were both convicted on one count of conspiracy to participate in a racketeering enterprise following a six-week jury trial that concluded in March. Borges is scheduled to be sentenced Friday and also faces up to 20 years in prison. FirstEnergy agreed to pay a $230 million settlement in 2021 for conspiring to bribe public officials.Advertisement
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Larry Householder: Former Ohio House speaker to be sentenced ThursdayFormer Ohio House Speaker Larry Householder is scheduled to be sentenced Thursday following his conviction this year.In March, a jury agreed with prosecutors th
Read more »
Former GOP Ohio House Speaker Larry Householder to be sentenced todayThe politician was convicted of racketeering conspiracy, which calls for up to 20 years in prison. The sentencing hearing is scheduled to begin at 1 p.m. Thursday.
Read more »
Former Ohio House Speaker Larry Householder sentenced to 20 years for role in bribery schemeLarry Householder and lobbyist Matt Borges, a former chair of the Ohio Republican Party, were both convicted of a single racketeering charge each, after a six-week trial.
Read more »
Former Ohio House Speaker Sentenced to 20 Years After Bribery ConvictionFormer Ohio House speaker Larry Householder was sentenced to 20 years in prison for orchestrating what prosecutors have called the worst corruption scandal in state history, a massive pay-to-play bribery scheme to bail out an energy company
Read more »
Former Ohio State OT Nicholas Petit-Frere, TE Rashod Berry suspended for violating NFL gambling policyTwo former Ohio State football players have been suspended for violating the NFL's gambling policy.
Read more »
More former Ohio State football players suspended by NFL for gamblingOne, an outside linebacker with the Indianapolis Colts, have been “suspended indefinitely through at least the the 2023 season.” The other, an offensive lineman with the Tennessee Titans, received a six-game suspension.
Read more »