Security News in Brief: Former Public Utility Executives Indicted For Conspiring To Steal Millions Of Dollars From The City Of Jacksonville Upon The Sale Of The Jacksonville Electric Authority

Source: United States Department of Justice News

Jacksonville, Florida –United States Attorney Roger B. Handberg announces the return by a grand jury of an indictment charging former Jacksonville Electric Authority (JEA) Chief Executive Officer (CEO) Aaron Zahn (42, Jacksonville Beach) and former JEA Chief Financial Officer (CFO) Ryan Wannemacher (40, Santa Rosa Beach) with conspiring to steal and obtain by fraud funds from the City of Jacksonville, which would have been generated from the sale of the JEA, Jacksonville’s municipal electric and water utility company.