"Former [Idaho] nuclear power company executive sentenced"
As reported by KIDK Eyewitness News:
A Meridian, Idaho woman was sentenced to 30 months in prison Thursday for securities fraud. Jennifer R. Ransom, 41, pleaded guilty to one count of securities fraud on April 21, 2015.
Ransom appeared before Judge Edward J. Lodge in U.S. District Court in Boise. She will spend the first six months of her sentence under home confinement. Ransom was also ordered to forfeit $580,780 and pay $116,138 in restitution to victim-investors.
According to a plea agreement, Ransom was Senior Vice President of Administration of Alternate Energy Holdings, Inc. Headquarter[ed] in Eagle, Idaho, the development stage company was planning to construct and operate a nuclear power plant in Payette County...
Ransom's co-defendant, Donald Gillespie, failed to appear for two scheduled arraignment hearings in May of 2015. He is a fugitive and is being pursued by the U.S. Marshal's Service.
The prosecution is part of efforts underway by President Obama's Financial Fraud Enforcement Task Force (FFETF), which was created in November 2009 to wage an aggressive, coordinated and proactive effort to investigate and prosecute financial crimes.
January 7, 2016