Factz

BREAKING

Fmr Ohio House Speaker Convicted Over $60M Bribery Scheme

Former Ohio House Speaker Larry Householder along with former Ohio Republican Party Chair Matt Borges were convicted this week in a $60 million bribery scheme.

Prosecutors called it the largest corruption case in the state’s history.

A Cincinnati jury found Householder and Borges guilty of conspiracy to participate in a racketeering enterprise involving bribery and money laundering.

US attorney Kenneth Parker said that the government’s prosecutors showed that “Householder sold the Statehouse, and thus he ultimately betrayed the people of the great state of Ohio he was elected to serve.”

Borges, he called a “willing co-conspirator.”

According to those prosecutors, Householder orchestrated the scheme secretly funded by FirstEnergy Corp., to secure his spot in the legislature, election his allies, and then pass and defend a $1B nuclear power plant bailout that benefitted the company.

Borges, who was then a lobbyist, south to bribe an operative for inside info on the referendum to overturn the bailout.

Both men face up to 20 years in prison.