Electric services company FirstEnergy Corp. on Thursday agreed to pay a $230 million criminal penalty as part of a settlement with the U.S. Attorney’s Office for the Southern District of Ohio surrounding the state’s nuclear bailout federal corruption scandal.
The company admitted to its role in the scandal, which resulted in the arrest of Ohio Speaker of the House Larry Householder and four others back in July 2020. FirstEnergy entered into a three-year deferred prosecution agreement (DPA) that could result in the dismissal of the Justice Department’s charge of conspiracy to commit honest services wire fraud if the terms of the agreement are met.
