A nursing home company's former CEO has been indicted for laundering money as part of an elaborate kickback scheme. Several of the companies management employees were inflating the cost of goods and services in order to add money to a shell company and divert millions of dollars into their pockets.
The CEO, COO of the nursing home chain and others were found to have purchased elaborate items and trips with the money. Items included vacation homes, rolex watches, private jets among others. For more, read the story.
