Former PUCO Chair Indicted in Connection to Nuclear Bailout Scheme

CINCINNATI, Ohio (News Talk 1480 WHBC) – A former chairman of the PUCO was in federal court in Cincinnati on Monday.

He’s facing 11 counts in an indictment handed up the same day.

74-year-old Sam Randazzo’s name came up often as the $60 million nuclear bailout scheme investigation proceeded.

He resigned three years ago from the commission, being accused then of taking $4 million from First Energy in exchange for special treatment.

Randazzo is charged with wire fraud and ‘making illegal monetary transactions’.

He could get 20 years in prison if convicted.

Former House Speaker Larry Householder and former State GOP Chair Matt Borges are already doing time in what’s being called Ohio’s biggest-ever corruption case.