Former Public Utilities Chairman Sam Randazzo, left, and former FirstEnergy CEO Charles "Chuck" Jones in Summit County Common Pleas Court during an arraignment with Judge Susan Baker Ross on charges ...
AKRON, Ohio (WJW) — The Summit County prosecutor on Tuesday announced a shell company set up to funnel FirstEnergy bribe money to Ohio’s former top utilities regulator has pleaded guilty for its role ...
Shell companies—companies that have no or nominal business operations or non-cash assets for an extended period of time—can be used for legitimate purposes. However, they can also be used by ...
Market manipulation schemes related to shell companies aren't new, but the industries involved are always shifting. Shell companies -- companies that have no or nominal business operations or non-cash ...