The trial against former Energex CEO Thomas Fagan got underway this week in the Mercer County Superior Court in New Jersey, according to The Trentonian.
Fagan is being charged with 15 criminal counts, including several financial misconduct charges, including stealing more than $230,000 from investors while he was at the head of Allendale, N.J.-based Energex.
Many of the counts against Fagan are second-degree crimes punishable by up to 10 years in state prison.
Fagan is being charged with 15 criminal counts, including several financial misconduct charges, including stealing more than $230,000 from investors while he was at the head of Allendale, N.J.-based Energex.
Many of the counts against Fagan are second-degree crimes punishable by up to 10 years in state prison.
