Fla. Electric Co. Ex-CEO Gets 4 Years For Privatization Plot

By David Minsky (July 31, 2024, 7:32 PM EDT) -- A Jacksonville, Florida, federal judge sentenced a former CEO of the city's electric company to four years in prison after a jury convicted him of fraud conspiracy charges in a multimillion-dollar embezzlement scheme connected to a process to privatize the public utility, prosecutors said Wednesday....

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