Was David Wittig's conviction truth or consequences?

摘要

In July, David Wittig, former Westar Energy CEO, was convicted of one count of conspiracy, one count of money-laundering and four counts of submitting false bank documents by a federal court in Kansas City, Kan. Clinton O'Dell Weidner Ⅱ, former president of Capital City Bank in Topeka, Kan., was also found guilty of related charges. According to prosecutors, Weidner and Wittig had set up a convoluted scheme: Weidner upped Wittig's credit at the bank by $1.5 million. Wittig then turned around and loaned that same amount of money to Weidner to invest in a real estate deal in the Southwest. This was done―again, according to prosecutors―to help secure Weidner's assistance in getting future financing for Wittig and other Westar executives to the tune of approximately $20 million.