Former Utility CEO Sentenced to Prison

Posted: Updated:
INDIANAPOLIS -

The former chief executive officer of the Hendricks Power Cooperative has been sentenced to 33 months in federal prison. Donnis Mizelle pled guilty to embezzling nearly $600,000 from the utility.

Mizelle had served as CEO from 2003 to 2015. U.S. Attorney Josh Minkler says for more than six years, Mizelle falsified HPC expense reports and used the utility's money for personal expenses, including vacations, jewelry, electronics, tickets to sporting events and guns. 

"We place a tremendous amount of trust and responsibility in our business leaders, particularly our CEOs," said Minkler. "Exploiting that trust for purely personal gain causes more than financial harm. It devastates employee morale, shakes the confidence of customers, and contributes to a belief that the system is rigged in favor of those at the top. This office will vigorously prosecute executives who betray the special trust we place in them."

Mizelle has been ordered to pay full restitution to the HPC and will serve one year of supervised release once his prison sentence is complete.

  • Perspectives

    • Sign Up For 'my Social Security' - It's a No-Brainer!

      Your current age or status doesn't matter. If you've earned a paycheck at some time in your life, keeping tabs on what the Social Security Administration shows you've earned just makes good sense. But does the thought of waiting in line at the Social Security office make you cringe? Then don't do it! Now there's another option...

    More

Events



  • Most Popular Stories

    • Sign Up For 'my Social Security' - It's a No-Brainer!

      Your current age or status doesn't matter. If you've earned a paycheck at some time in your life, keeping tabs on what the Social Security Administration shows you've earned just makes good sense. But does the thought of waiting in line at the Social Security office make you cringe? Then don't do it! Now there's another option...

    • Opioid Withdrawal Treatment Lands FDA Clearance

      The U.S. Food and Drug Administration has given clearance for a medical device developed in Indiana to help treat symptoms of opioid withdrawal. The device, known as the NSS-2 BRIDGE, was created by Innovative Health Solutions Inc. in Versailles.

    • Coal Loading Facility Planned For Princeton

      A subsidiary of Denver-based Hallador Energy Co. (Nasdaq: HNRG) has announced plans to construct a new truck-to-rail coal loading facility near Princeton. Sunrise Coal LLC in Terre Haute says the facility, known as the Princeton Loop, is expected to be complete in the spring of 2018. 

    • Blackhawks, Bruins to Play at Notre Dame Stadium

      Notre Dame Stadium will be the site of a high-profile National Hockey League game next season. The league has announced the University of Notre Dame will host the 2019 Bridgestone NHL Winter Classic featuring the Chicago Blackhawks and Boston Bruins. Commissioner Gary Bettman expects the game to be the "largest live audience ever to witness a game by either of these teams." Notre Dame Stadium can hold some 80,000 fans, providing "an ideal setting..."

    • Hoosier Businesses Among 'Most Respected'

      Three Indiana companies are listed among their respective industries on an annual list for corporate reputation. The World's Most Respected Companies from FORTUNE are determined by nine factors that are voted on by executives from 680 companies in 28 countries. None of the businesses based in Indiana made FORTUNE's Top 50 "All-Star" list.