A nursing home executive is soon to be sentenced for funneling money from kickback schemes into shell companies to pay for personal expenses. The money came from overinflated invoices for jobs contracted from landscaping to pharmacies to healthcare. Prosecutors are asking for a maximum sentence since he was taking money from the state and money that should have gone to the care of the elderly.
“He funneled $19.4 million to himself and others, nearly $10 million of which belonged to Indianapolis’s public health system,” the government’s memo said. “And with it, he bought a vacation house, diamond jewelry, private jet flights, and gold bars and gold coins—all for no other purpose than pure greed.” For more, read the story.