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Paul Jannuzzo

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Paul Jannuzzo is a former New Jersey prosecutor, the former CEO of Glock Inc. and was found guilty of racketeering involving embezzling and theft of a firearm from the company. The conviction was overturned on July 9, 2013. [1][2][3][4]

New Jersey Prosecutor

Employment at Glock

Januzzo was hired in 1991 to be the General Counsel of Glock Inc., the American subsidiary of Glock Ges.m.b.H., he was later promoted to be COO and CEO.

Embezzlement

According to the testimony of Peter Manown who was a Vice President at the company, Manown and Januzzo set up a scheme to embezzle from the company. Manown confessed to Gaston Glock and cooperated with the prosecution of Januzzo.

In 2009, Januzzo fled the country first to Mexico, and then Amsterdam, where he was later arrested and extradited to the US for prosecution.[5]

Januzzo was found guilty of racketeering, and faced up to 30 years in prison. He was sentenced to 7 years in prison, and 13 years of probation. [6]

Both convictions were overturned on appeal for exceeding the statute of limitations, but did not address the merits of the original embezzlement charges. [7][8]

In an interview with Robert Glock, the son of Gaston Glock, he said that the company was aware that Januzzo had the gun and wanted to return it, but that he did not testify on Januzzo's behalf on the advice of lawyers, and to avoid putting his father in a difficult position. [9]

References

  1. ^ "Former Glock CEO found guilty of racketeering". AJC. Retrieved March 6, 2012.
  2. ^ "Inside the secret and violent world of Gaston Glock, maker of the most popular firearm in U.S. law enforcement". Forbes. March 31, 2003. Retrieved March 6, 2012.
  3. ^ "Prosecutor says former Glock attorney ran the company in the US and used role to steal from it". Washington Post. Retrieved March 6, 2012. {{cite news}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help) [dead link]
  4. ^ "Ex-Glock executive found guilty of racketeering". Fox News. March 2, 2012. Retrieved March 6, 2012.
  5. ^ "Ex-Glock executive found guilty on racketeering charges". Independent Mail. Retrieved March 6, 2012.
  6. ^ http://www.ajc.com/news/news/local/ex-glock-ceo-sentenced/nQSyk/
  7. ^ http://www.businessweek.com/articles/2013-07-09/as-the-glock-turns-court-reverses-ex-executives-conviction
  8. ^ http://www.businessweek.com/articles/2013-08-06/ex-glock-exec-out-of-prison-and-spitting-bullets
  9. ^ http://www.foxnews.com/us/2012/04/11/ex-glock-executive-sentenced-to-7-years-in-prison/