Generation Now pleads guilty in $60 million racketeering conspiracy involving ex-Ohio House Speaker

Generation Now pleads guilty in $60 million racketeering conspiracy involving ex-Ohio House Speaker
FILE PHOTO (Boonchai Wedmakawand/Getty Images)

COLUMBUS — The organization at the center of a $60 million racketeering conspiracy involving former Ohio House Speaker Larry Householder pleaded guilty in U.S. District Court Friday.

Generation Now pleaded guilty to one count in a plea signed by longtime campaign and political strategist to Householder, Jeffrey Longstreth, the U.S. Department of Justice said. Longstreth signed the plea on behalf of Generation Now.

>> Ohio House Speaker Larry Householder, 4 others arrested in $60 million federal racketeering conspiracy

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Court records show Generation now was involved with Householder and others receiving millions of dollars in exchange for specific official action.

Generation Now was created as a purported social welfare organization, but according to the plea agreement, it was actually used as a way to receive undisclosed donations as a benefit to the former House Speaker, the DOJ said.

“As part of the plea, Generation Now agrees to forfeit its assets, including nearly $1.5 million seized from organization bank accounts,” the department of justice said.

The parties involved in the case have recommended a term of probation for the nonprofit of up to five years.

Householder’s portion of the federal case is still open.