JOURNAL ARTICLE

Ex-Ohio House speaker sentenced to 20 years for role in $60m bribery scheme—the largest corruption scandal in state history.

  • Published In: Fortune.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Smyth, Julie Carr 3 of 3

Abstract

The article focuses on the sentencing of former Ohio House Speaker Larry Householder, who received a 20-year prison term for his involvement in a significant corruption scandal, described as the largest in Ohio's history. Householder was convicted of racketeering for orchestrating a $60 million bribery scheme funded by FirstEnergy Corp., aimed at securing his political power and passing legislation that included a $1 billion bailout for nuclear power plants. U.S. District Judge Timothy Black criticized Householder's actions as a betrayal of public trust and an assault on democracy, while federal prosecutors likened him to a "mob boss." The investigation into the scandal continues, with several others charged in connection to the scheme. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2023/07, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2023
  • Accession Number:164667324
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