A nursing home CEO who admittedly stole $$667,000 from Medicaid has now confessed to stealing from employees' 401k's and health benefit plans. He is unable to serve any further time in prison as he has already been sentenced to 41 years for theft from Medicaid.
Employees only found their health insurance was cancelled when they made claims for payment for medical bills. The CEO withheld $20,000 from employees' paychecks meant for healthcare plans and pocketed it. For more, read the story.