John W. Wagner: Probated Sentence, Fine

Apr 4
2013

John W. Wagner of Columbus was sentenced to two years federal probation on April 4 and ordered to pay a $10,000 fine for his role as the former certified public accountant and bookkeeper for Momentum Production Corp.

Wagner pleaded guilty in 2011 to one count of misprision of a felony for not disclosing the wrongdoing of Richard M. Plato, the owner of Momentum. Wagner later provided testimony in Plato's criminal trial in U.S. District Court in Houston. Plato was sentenced to 235 months in federal prison on March 28 and ordered to pay $3 million in restitution to investors in Momentum.