The former head of Oklahoma City energy company Quest Energy Partners LP has been sentenced to nine years in prison for stealing company funds.
U.S. District Judge Stephen Friot (FREE’-ott) on Friday also ordered 48-year-old Jerry Dale Cash to repay the company $5 million.
Cash pleaded guilty in February to failing to disclose the diversion of $10 million in company funds.
Prosecutors say Cash spent the money he stole on his mansion and to fuel a lavish lifestyle. Authorities say the former CEO has already returned $7 million to the company.
Cash’s attorney, Patrick M. Ryan, didn’t immediately return a phone call Friday seeking comment.
