The Ohio Capitol Journal reports:
After more than nine hours of deliberation, a jury on Thursday found former Ohio House Speaker Larry Householder and state Republican Chairman Matt Borges guilty of felony racketeering charges in connection with a billion-dollar utility bailout that was passed in 2019. Both men face maximum sentences of 20 years. U.S. District Judge Timothy Black will schedule a sentencing hearing shortly.
Householder and Borges were accused of playing different roles in what former U.S. Attorney David DeVillers said it was likely the biggest bribery and money laundering scandal in Ohio history. Akron-based FirstEnergy and other utilities paid tens of millions into an effort to elect friendly lawmakers in 2018 who would vote to make Householder speaker the following year. Immediately after taking the speaker’s gavel, Householder worked furiously to pass a $1.3 billion bailout.
Read the full article.
BREAKING: A jury on Thursday found former Ohio House Speaker Larry Householder and state Republican Chairman Matt Borges guilty of felony racketeering charges in connection with a billion-dollar utility bailout that was passed in 2019.
By @martyschladen https://t.co/6Y2BiJT8CM
— David DeWitt (@DC_DeWitt) March 9, 2023
There were five men originally charged.
Householder: Found guilty – facing 20+ years
Borges: Found guilty – facing ≤20 years
Jeff Longstreth: Pleaded guilty – facing 0-6mos
Juan Cespedes: Pleaded guilty – facing 0-6mos
Neil Clark: Committed suicide after pleading not guilty pic.twitter.com/TWFGDPIDOH— Morgan Trau (@MorganTrau) March 9, 2023