Ex-Westinghouse VP to plead guilty 12/14/23, last VC Summer fraud defendant
The State, Columbia, SC
Westinghouse official who helped SCANA fool the public on nuclear project to plead guilty
By John Monk Updated December 07, 2023 12:44 PM
The last defendant in the six-year-plus financial and nuclear construction scandal involving the now-defunct SCANA utility has agreed to plead guilty.
The defendant, Jeffrey Benjamin, a former top executive at Westington Electric Co., is scheduled to plead guilty next Thursday in federal court in Columbia to the felony charge of “aiding and abetting the failure to keep accurate corporate records” — an action that in turn helped allow SCANA officials to lie to the public and regulators about the perilous state of its ongoing nuclear construction project in Fairfield County, according evidence in the case and documents filed Thursday in U.S. District Court.
A plea deal says that Benjamin will be sentenced to between probation and 12 months in prison. He could also have a financial penalty of up to $100,000.
Had Benjamin been found guilty in a trial, the maximum penalty he would have been exposed to is 20 years in prison and a $5 million fine. However, as a first time offender with no criminal history, his sentence would have been much less than the maximum.
A statement issued Thursday through Benjamin’s attorney, William Sullivan of Washington, said, “When Mr. Benjamin became aware in late 2016 that SCANA’s securities disclosures were misrepresenting the risk of further construction delays, he regrettably allowed Westinghouse to continue to primarily focus on the potential for the construction schedule being achievable, rather than delivering a clear and specific message emphasizing the likelihood of further delays that would force SCANA to correct its securities disclosures.”
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