Paul Jannuzzo Explained
Paul Francis Jannuzzo is an American lawyer and business executive. He is 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.[3] [4] [5] [6]
Career
Jannuzzo 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, CEO and Vice President.[7] He left the company in February 2003.[8]
Legal issues
According to the testimony of Peter Manown who was a Vice President at the company, Manown and Jannuzzo set up a scheme to embezzle from the company. Manown confessed to Gaston Glock and cooperated with the prosecution of Jannuzzo.
In 2009, Jannuzzo fled the country first to Mexico, and then Amsterdam, where he was later arrested and extradited to the US for prosecution.[9]
Jannuzzo was found guilty of racketeering by the trial court in Cobb County, Georgia, and faced up to 30 years in prison. He was sentenced to 7 years in prison, and 13 years of probation.[10] Jannuzzo said he was the victim of a vendetta.[11] [12] [13]
Both convictions were overturned on appeal for exceeding the statute of limitations, but did not address the merits of the original embezzlement charges.[14] [15]
In an interview, Robert Glock, the son of Gaston Glock, said that the company was aware that Jannuzzo had the gun and wanted to return it, but that he did not testify on Jannuzzo's behalf on the advice of lawyers, and to avoid putting his father in a difficult position.[16]
Notes and References
- Web site: Glock's Secret Path to Profits. https://web.archive.org/web/20150705002144/https://www.bloomberg.com/bw/magazine/content/09_38/b4147036107809.htm . 2015-07-05 . Brian Grow . Jack Ewing . Paul M. Barrett . dead . Bloomberg Businessweek. 2019-08-29.
- Web site: Paul Francis Jannuzzo Lawyer Profile - martindale.com. Martindale-Hubbell. 2 August 2015.
- Web site: Former Glock CEO found guilty of racketeering . https://web.archive.org/web/20120709182415/https://www.ajc.com/news/cobb/former-glock-ceo-found-1369860.html . 2012-07-09 . . dead . 2019-08-29.
- News: Inside the secret and violent world of Gaston Glock, maker of the most popular firearm in U.S. law enforcement. . https://web.archive.org/web/20120202010040/https://www.forbes.com/global/2003/0331/020_print.html . 2012-02-02 . dead . . 2019-08-29 . March 31, 2003 . Dyan . MacHan.
- News: Prosecutor says former Glock attorney ran the company in the US and used role to steal from it . . March 6, 2012 .
- News: Ex-Glock executive found guilty of racketeering . . March 6, 2012 . March 2, 2012.
- Web site: A business in gun safety? - Apr. 30, 1999. CNN. 2 August 2015.
- Web site: Lawyer: Glock used power to get him wrongfully imprisoned. The Big Story. 2 August 2015.
- Web site: Ex-Glock executive found guilty on racketeering charges . https://web.archive.org/web/20120328044002/http://www.independentmail.com/news/2012/mar/02/ex-glock-executive-found-guilty-racketeering-charg/ . 2012-03-28 . . dead . 2019-08-29.
- Web site: Ex-Glock CEO sentenced. The Atlanta Journal-Constitution. 2 August 2015.
- News: Glock Family Feud: Founder's Ex-Wife, Kids Speak Out for First Time - Businessweek. Paul M. Barrett. Bloomberg Businessweek. 18 September 2014 . 2 August 2015.
- News: Ex-Glock Exec: Out of Prison and Spitting Bullets. Paul M. Barrett. Bloomberg Businessweek. 6 August 2013 . 2 August 2015.
- News: Insider: Glock Wanted My Wife So He Had Me Jailed. The Daily Beast. 13 July 2015 . 2 August 2015 . Zadrozny . Brandy .
- Web site: As the Glock Turns: Court Reverses Ex-Executive's Conviction. https://web.archive.org/web/20130711170129/http://www.businessweek.com/articles/2013-07-09/as-the-glock-turns-court-reverses-ex-executives-conviction. dead. July 11, 2013. Paul M. Barrett. Bloomberg Businessweek. 2 August 2015.
- Web site: Ex-Glock Exec: Out of Prison and Spitting Bullets. https://web.archive.org/web/20130810002456/http://www.businessweek.com/articles/2013-08-06/ex-glock-exec-out-of-prison-and-spitting-bullets. dead. August 10, 2013. Paul M. Barrett. Bloomberg Businessweek. 2 August 2015.
- News: Ex-Glock executive sentenced to 7 years in prison . Fox News . April 11, 2012.