Who is Larry Householder? Wiki, Biography, Age, Wife, Children, Arrested, Charged, Resign, Net Worth - Wikibious

Who is Larry Householder? Wiki, Biography, Age, Wife, Children, Arrested, Charged, Resign, Net Worth

Larry Householder Wiki – Larry Householder Biography

Larry Householder (born Larry Lee Householder) is an American politician. He is the state representative for Ohio’s 72nd District and the Speaker of the Ohio House of Representatives. He previously served as speaker in the early 2000s.

He was first elected to the Ohio House of Representatives in 1996 and was elected to the House leadership team two years later. In 2001, he was unanimously elected Speaker of the Ohio House.

He is currently serving his second term representing House District 72, which covers Perry County, Coshocton County, and southern/eastern Licking County.

He graduated from New Lexington High School and Ohio University and opened an insurance agency in New Lexington, which he managed for more than 20 years.

The Republican speaker of Ohio’s House of Representatives was arrested by federal officials Tuesday on charges connected to a $60 million bribery scheme.

Larry Householder and four other political operatives were charged with racketeering in what US Attorney David DeVillers described as “likely the largest bribery money-laundering scheme ever perpetrated against the people of the state of Ohio.”
“Make no mistake, these allegations are bribery. Pure and simple,” DeVillers said in a news conference. “This was pay-to-play. I use the term pay-to-play because that’s the term they’ve used as alleged in the affidavit.”

A criminal complaint filed on Thursday and unsealed on Tuesday specifically alleges that Householder and four others orchestrated an operation to accept over $60 million dollars from “Company A” in return for a public bailout for the company worth more than $1 billion.

While the complaint does not name “Company A,” prosecutors indicate at numerous points that the company is FirstEnergy Corp. –including citations to news articles that mention the company by name. The company told CNN in a statement Tuesday they have “received subpoenas in connection” with the investigation.

Larry Householder Age

He was born on June 6, 1959, in Glenford, Ohio, United States as Larry Lee Householder.

Arrested

On the morning of Tuesday, July 21, 2020, Federal officials arrested Ohio House Speaker Larry Lee Householder and four others in connection with a $60 million bribery case.

According to federal prosecutors, all the charges are tied to a criminal enterprise dedicated to securing a bailout for two nuclear power plants in northern Ohio owned by FirstEnergy Solutions of Akron.

If convicted of conspiracy to commit racketeering, Householder and the other four could face up to 20 years in prison and a maximum $250,000 fine.

Criminal Complaint by CincinnatiEnquirer on Scribd

Charged

he charges against Householder were laid out in an extensive complaint that detailed a broad criminal operation involving wire fraud, receipt of millions of dollars in bribes, and money laundering.

Householder — along with four associates- took in millions of dollars from FirstEnergy Corp. in exchange for help in passing House Bill 6, a billion-dollar bailout that saved two nuclear power plants operated by the company.

Prosecutors allege the scheme started when one of the associates incorporated “Generation Now” as a social welfare entity in 2017. It was secretly controlled by Householder, who received quarterly payments of $250,000 into the bank account of the entity, according to prosecutors.

The defendants then spent large sums of money on Householder’s bid to become a speaker and for their own personal gain.
In all, Householder received more than $400,000 in personal benefits as a result of the payments into “Generation Now,” the Department of Justice said in a news release. These funds were used to pay for costs associated with his residence in Florida, settle a personal lawsuit, and pay off thousands of dollars of credit card debt.

“All forms of public corruption are unacceptable,” FBI Cincinnati Special Agent in Charge Chris Hoffman said in a statement.

“When corruption is alleged to reach some of the highest levels of our state government, the citizens of Ohio should be shocked and appalled.”

Resign

News of the charges was met with swift condemnation Tuesday, with many political figures in the state calling on Householder to resign from his post.

“I am deeply concerned about the allegations of wrongdoing issued today by the U.S. Attorney’s Office. Every American has the presumption of innocence until proven guilty,” Republican Ohio Gov. Mike DeWine tweeted.

“Because of the nature of these charges, it will be impossible for Speaker Householder to effectively lead the Ohio House of Representatives; therefore, I am calling on Speaker Householder to resign immediately,” he continued. “This is a sad day for Ohio.”

Read More: Who is Larry Householder’s Wife? Taundra Householder Wiki, Biography, Age, Husband, Children, Net Worth

That message was echoed by Ohio Secretary of State Frank Larose who tweeted, “There is important work for the state legislature to do on behalf of the people of Ohio. That work can’t get done with the Speaker under arrest in an ongoing federal investigation.”

“@HouseholderOH, do the right thing for the people of our state and resign today,” he said.
Ohio Republican Party Chairwoman Jane Timken similarly cast the charges as the cause for Householder to resign.
“Greed, lust for power, and disdain for ethical boundaries are not unique to any particular political party,” Timken said in a statement.

“If our country is going to endure these difficult and divisive times, we must unite in the notion that people who break the law should be held accountable.”

Householder’s district includes parts of the state east of Columbus. He was first elected to the state House in 1996 and served until 2004, when he left office due to term limits, according to his official biography, which says he had also served as House speaker during that time. He was elected back to the chamber in 2017.

Wife

Larry Householder is married to his wife Taundra Householder.

Family

Householder and his wife Taundra Householder have five children.

Net Worth

His net worth is unclear.

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