| Tipoffs for Jacksonville, Florida (Federal Agencies) Newsletter for Monday June 10, 2024 ( 1 items ) |
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Justice Dept.: Former President of Energy Company Sentenced for Over $5.5M Illegal Kickback and Commodities Insider Trading Scheme
WASHINGTON, June 7 -- The U.S. Department of Justice issued the following news release:
The former president of a Texas energy company was sentenced today to six years and six months in prison for his role in an illegal kickback scheme and a commodities insider trading scheme involving natural gas futures contracts.
According to court documents, Matthew Clark, 56, of Needville, Texas, conspired with others to direct his employer's trades to Houston-based Classic Energy LLC, a brokerage firm ow
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