JEA

Former JEA Executives Await Verdict as Jury Deliberations Conclude

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Jacksonville, Florida – In a federal trial, a verdict was reached on Thursday for former executives of the city-owned utility JEA. The jury’s decision for former CEO Aaron Zahn, however, remains sealed until the second jury for former CFO Ryan Wannemacher comes to a verdict. Both juries were released for the day without announcing any decision. The charges against the former JEA executives include conspiracy and wire fraud, related to an alleged scheme that aimed to secure multimillion-dollar bonuses if the utility was sold. The trial involves two separate juries, each receiving instructions from the … Read more

Former JEA Executives Aaron Zahn and Ryan Wannemacher Stand Trial for Conspiracy and Wire Fraud Charges

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JACKSONVILLE, Fla. (AP) – Jury selection has begun for the upcoming federal trial of former JEA executives Aaron Zahn and Ryan Wannemacher. Almost two years after being indicted, the former CEO and chief financial officer of the utility company are facing charges of conspiracy and wire fraud. The charges are related to a proposed bonus plan that prosecutors claim could have resulted in hundreds of millions of dollars in payouts if the utility had been sold. Zahn and Wannemacher pleaded not guilty to the charges following their indictment in March 2022. The trial will have … Read more