Reported 3 months ago
Aaron Zahn, former CEO of a north Florida public utility, was sentenced to four years in federal prison for devising a privatization scheme that aimed to enrich himself and his associates by tens of millions of dollars at taxpayers' expense. Convicted of wire fraud and conspiracy, Zahn's plan, which included a hidden incentive for executives, was thwarted by an auditor in 2019, leading to his dismissal.
Source: YAHOO