AEHI's former exec sentenced for fraud

Friday, January 15, 2016

A former executive of a company that at one point wanted to build a nuclear power plant in Mountain Home was sentenced to 30 months in prison during a hearing last week.

Jennifer R. Ransom, 41, of Meridian, was also placed on three years of supervised release -- the first six months of which is home confinement -- for securities fraud, U.S. Attorney Wendy J. Olson announced.

Senior U.S. District Judge Edward J. Lodge also ordered Ransom to forfeit $580,780 and pay $116,138 in restitution to victim-investors. She pleaded guilty to one count of securities fraud last April as part of a plea agreement.

Alternate Energy Holdings, Inc., or AEHI, originally looked at building a nuclear power plant near Bruneau then moved the site to locations near Hammett and Indian Cove. However, the company moved its plans to Payette County after significant opposition arose from Elmore County residents.

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