Former Glock CEO Convicted of Racketeering

[MoJo]

From the tactical wire: http://www.thetacticalwire.com/" onclick="window.open(this.href);return false;

Former Glock CEO Convicted of Racketeering
Following a week of testimony, it took a Cobb County, Georgia jury slightly less than six hours to find former Glock CEO Paul Jannuzzo guilty of racketeering.. The racketeering charge was reached as the jury found Jannuzzo, 55, guilty of two other charges: stealing a pistol and conspiring with former Glock executive Peter Manown to skim millions from the Smyrna, Georgia-based Glock.

Jannuzzo will be sentenced later this month, and could face 30 years in prison for the conviction. His attorney, Robert Citronberg says he will appeal the conviction. Peter Manown pleaded guilty to three counts of theft in 2008 and was sentenced to 10 years probation and no jail time. In return, he provided prosecutors with a statement outlining the embezzlement he and Jannuzzo had allegedly engaged in.

Jannuzzo was originally indicted in 2007, but was reindicted in 2008 so prosecutors could add the charge of obstructing law enforcement when he allegedly lied to Symrna Police during questioning. Had he not been reindicted, the statute of limitations would have expired on the gun theft charge. Without that charge, Jannuzzo would not have been in jeopardy under the racketeering charge.

Glock founder Gaston Glock did not testify in the proceeding.

[surprise_i'm_armed]

The guy stole millions of dollars, but had to steal a pistol?

I guess if you're a top exec at Glock, stealing a pistol would be as easy
as picking up a donut from a break room after a meeting. :-)

SIA

[Keith B]

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