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Former SCANA Corp. Senior Vice President Stephen Byrne enters the Matthew J. Perry, Jr. Courthouse in Columbia, S.C. to enter a guilty plea to one count of conspiracy to commit mail and wire fraud Thursday, July 23, 2020. Byrne agreed to cooperate with prosecutors in a federal investigation into the failed V.C. Summer nuclear project in South Carolina. (AP Photo/Michelle Liu)

Ex-utility exec pleads guilty to $1B fraud in South Carolina

By JEFFREY COLLINS and MICHELLE LIU - Associated Press

FILE - In a Sept. 21, 2016 file photo, Kevin Marsh, CEO of SCANA Corp., speaks to the media at the V.C. Summer Nuclear Station near Jenkinsville, S.C. The Securities and Exchange Commission sued SCANA Corp., its subsidiary South Carolina Electric &amp; Gas along with the utility's former CEO Kevin Marsh and Executive Vice President Stephen Byrne on Thursday, Feb. 27, 2020. Federal officials say two former executives at a South Carolina utility, former CEO Kevin Marsh and Executive Vice President Stephen Byrne lied repeatedly to regulators and investors about the progress of construction of two nuclear reactors, taking hundreds of millions of dollars out of the pockets of investors and ratepayers. (AP Photo/Chuck Burton, File)

Securities agents sue 2 SC utility execs over nuclear fraud

By JEFFREY COLLINS - Associated Press