Thursday, November 18, 2010

Former North Carolina Non-Profit Exec Indicted For $147K Embezzlement

Edward Gerard Payton, 50, of Charlotte, North Carolina, was indicted on health care fraud charges related to the alleged embezzlement of some $147,000 from Mecklenburg Open Door, a non-profit which provides mental health services and housing to local mentally ill individuals, for which he had served as Executive Director. According to authorities, Payton misappropriated the non-profit's funds by personal use of its credit cards and by receiving extra income through checks authorized as "loans" or "advances" which were never repaid. The five count indictment charged Payton with one felony count of Theft and Embezzlement in Connection with Healthcare and four felony counts of Theft and Embezzlement Concerning Programs Receiving Federal Funds. The scheme spanned a period of more than three years, from January 2007 to April 2010, according to the indictment.

Read the story here, here and here.

Read the full indictment here.

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