DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!FirstEnergy Fined $250M for Bribery Scandal
FirstEnergy Fined $250M for Bribery Scandal

FirstEnergy Fined $250M for Bribery Scandal

Update: 2025-11-19
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Ohio utility regulators have ordered FirstEnergy to pay over $250 million in fines and refunds due to their involvement in a Statehouse bribery scandal. This decision concludes three investigations, resulting in a $187 million refund to customers and $180 million in penalties for misusing grid modernization funds. FirstEnergy executives, including former CEO Chuck Jones and Senior Vice President Michael Dowling, have been implicated and are awaiting trial. Utility commissioners emphasized the need for regulatory consequences, while consumer and environmental advocates welcomed the orders as a strong message against corruption.

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FirstEnergy Fined $250M for Bribery Scandal

FirstEnergy Fined $250M for Bribery Scandal