Former Westar CEO jailed for violating release terms

[JURIST] A US District Court judge ruled Tuesday that David Wittig [Wikipedia profile], former CEO of Westar Energy [corporate website] has violated the terms of his release from prison and will be immediately returned to detention. Wittig, who was found guilty on 39 counts of corporate fraud [JURIST report] last September, was allowed to postpone his 51-month sentence until his attorneys exhausted the appeals process, provided that he did nothing to hide or lower the value of his assets. Judge Julie Robinson was persuaded by prosecutors who alleged that Wittig has manipulated bank accounts and sold stocks since his conviction in a scheme to transfer his wealth over to his wife. Wittig could still be required to pay fines or reimburse the government as a penalty for his conviction. AP has more.



 

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