US EditionFormer ComEd CEO Anne Pramaggiore Sentenced to 24 Months, $750K Fine in Bribery Scandal
ILLINOIS, JUL 21 – Anne Pramaggiore faces up to 70 months in prison and a $1.75 million fine for a conspiracy that secured billion-dollar legislative gains for ComEd, prosecutors said.
- On Monday, a Chicago judge handed down a two-year prison term and a $750,000 fine to Anne Pramaggiore, the former CEO of ComEd, for her involvement in a bribery plot targeting Illinois House Speaker Michael Madigan.
- Pramaggiore and three co-defendants were convicted in May 2023 of conspiring to pay $1.3 million over eight years to Madigan allies to secure favorable legislative outcomes for ComEd.
- The payments were funneled through intermediaries to political allies who did little work, and secret wiretaps captured Pramaggiore committing to “take care” of key allies, signaling her active participation.
- Judge Manish Shah characterized Pramaggiore as fully involved in a scheme to unlawfully influence Madigan and conceal the misconduct, ultimately sentencing her to a term well below the nearly six years and $1.75 million fine sought by prosecutors.
- The sentencing may prompt further legal challenges as Pramaggiore’s lawyers insist on her innocence and highlight the possibility of a retrial or Supreme Court appeal.
15 Articles
15 Articles
Former ComEd CEO says she's innocent, even as judge gives her 2 years in prison - IPM Newsroom
Illinois Newsroom - Pramaggiore’s legal team has long insisted upon her innocence. That’s despite a jury’s verdict more than two years ago, finding that she and three others participated in a nearly decadelong plot to sway Madigan to benefit ComEd. The post Former ComEd CEO says she’s innocent, even as judge gives her 2 years in prison appeared first on IPM Newsroom.
Capitol Fa - Your Illinois News Radar » Former ComEd CEO Anne Pramaggiore sentenced to 2 years, $750,000 fine in corruption case (Updated x2)CapitolFax.com
* Tribune… Six years ago, Anne Pramaggiore was still a rising star in Chicago’s male-dominated C-suite corporate world, the newly minted chief executive of Exelon, a major Fortune 100 energy company that delivered power to millions of customers in the Chicago area and beyond. But her career went into free fall when it was revealed in 2019 [...]
Former ComEd CEO Anne Pramaggiore sentenced to 24 months, $750K fine in bribery scandal
CHICAGO — Breaking News: Former ComEd CEO Anne Pramaggiore has been sentenced Monday to 24 months in federal prison and a $750,000 fine for her role in a bribery scandal. Earlier story: It is a case that reached to the top of political power in Springfield, and brought down one of the most powerful politicians in Illinois history. The case centered around former Illinois House Speaker Michael Madigan. Ex-Illinois House Speaker Mike Madiga…
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