Former Ohio utility regulator Sam Randazzo selling off properties after FBI search

COLUMBUS -- "After FBI agents searched his German Village condo in November, attorney Samuel Randazzo began off loading real estate holdings worth hundreds of thousands of dollars.

In February, he transferred ownership of a house in the Columbus suburb of Grandview that he bought in 2013 for $346,000 to Samuel Brewster Randazzo for no money. In March, he sold a house in nearby Marble Cliff for $615,950, less than five months after buying it for $600,000.

Randazzo is in contract to sell his 2,836-square-foot waterfront home in Naples for an estimated $3.9 million, according to Redfin

Randazzo resigned as chairman of the Public Utilities Commission of Ohio in November, following the FBI raid and a disclosure by FirstEnergy Corp. that it paid $4.3 million in January 2019 to an unnamed individual who subsequently was appointed as a state utility regulator.

Randazzo and his consulting firm, Sustainability Alliance of Ohio, continue to own Ohio properties valued at $2.16 million, auditor records show."

-- Laura Bischoff, Columbus Dispatch

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  • Ohio Citizen Action
    published this page in News 2021-05-05 11:30:06 -0400