Former JEA CEO found guilty in federal fraud, conspiracy case; former CFO found not guilty

United States News News

Former JEA CEO found guilty in federal fraud, conspiracy case; former CFO found not guilty
United States Latest News,United States Headlines
  • 📰 wjxt4
  • ⏱ Reading Time:
  • 71 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

Former JEA CEO Aaron Zahn was found guilty by a federal jury on Friday of attempting to defraud the city-owned utility.

19-year-old migrant worker, once charged in death of St. Johns County deputy, is released from custodyLocal retired Navy pilot weighs in on possible impact of US Army sergeant accused of selling military secrets to China–

While Zahn was found guilty, his former CFO was found not guilty on both counts. Wannemacher was also visibly emotional after his verdict was read. I am so thankful to Judge Davis for a fair trial and the jurors for seeing the truth of this situation without the lens of politics. Their commitment to the deliberation process was humbling.

In the midst of this challenging and emotional process I have been changed for the better. This has re-prioritized my life. I am softer and more empathetic. This may have destroyed my former career but I have spent more time pouring into the lives of my two sons than I ever imagined could be possible, and for that I am grateful. With so much future uncertainty, I learned to be more present each day and try to focus on making the most of what really matters in this short time we have in life.

We are grateful for the dedication and commitment of the members of both juries, who considered a tremendous amount of evidence and delivered a just verdict consistent with that evidence. At JEA, we remain committed to integrity, respect, and transparency in all that we do. The actions of a former CEO do not reflect our organization or our values.

The jury for Zahn quickly returned a verdict on Thursday evening after seven and a half hours of deliberations but its conclusion was sealed until Friday when the verdict for Wannemacher was reached.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

wjxt4 /  🏆 246. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Aaron Zahn, Ryan Wannemacher: Federal fraud trial of former JEA executives startsAaron Zahn, Ryan Wannemacher: Federal fraud trial of former JEA executives startsOpening statements are expected to begin Wednesday in the federal fraud trial of former JEA CEO Aaron Zahn and former CFO Ryan Wannemacher, with unanswered questions about who enabled the failed sale.
Read more »

Trial of former JEA execs on track for opening statements WednesdayTrial of former JEA execs on track for opening statements WednesdayNearly two years after former JEA executives Aaron Zahn and Ryan Wannemacher were indicted on federal charges of conspiracy and wire fraud, prosecutors and defense attorneys will give their opening statements to two juries on Wednesday morning.
Read more »

Former JEA board member declines to answer more than two dozen questions related to trial of former JEA executivesFormer JEA board member declines to answer more than two dozen questions related to trial of former JEA executivesCamille Lee-Johnson, the only remaining JEA board member who voted at the July 23, 2019 meeting who has not yet testified at the trial of former JEA executives Aaron Zahn and Ryan Wannemacher, invoked her Fifth Amendment right 26 times during a hearing to determine whether she and two other witnesses would be allowed to testify in front of the...
Read more »

Closing Arguments to Begin in Case Against Former JEA ExecutivesClosing Arguments to Begin in Case Against Former JEA ExecutivesClosing arguments will begin on Wednesday morning in the case against former JEA executives Aaron Zahn and Ryan Wannemacher. The men are charged with conspiracy and wire fraud in connection with a proposed bonus plan that prosecutors said could have paid out hundreds of millions of dollars had the utility been sold.
Read more »

Former Trump CFO Allen Weisselberg surrenders to NYC prosecutorsFormer Trump CFO Allen Weisselberg surrenders to NYC prosecutorsAllen Weisselberg, the former chief financial officer of the Trump Organization, surrendered to the Manhattan district attorney Monday morning for arraignment on a new criminal charge, the prosecutor’s office said.
Read more »

‘Stupid lies’ send Trump’s former CFO Allen Weisselberg back to prison after guilty plea‘Stupid lies’ send Trump’s former CFO Allen Weisselberg back to prison after guilty pleaThis is additional taxonomy that helps us with analytics
Read more »



Render Time: 2025-02-26 09:18:34