Tuesday, January 17, 2012

Nevada Woman Accused Of Embezzling More Than $700K From Medical Practice

Gretchen Swope, 65, of Reno, Nevada, has been accused in a civil action filed by Reno Emergency Physicians Association of embezzling more than $700,000 from the practice for which she and her firm, Medical Billing Inc., handled the finances.  According to the suit, Swope, aided by her husband, Karl Swope and Brian Fairchild, both officers of Medical Billing, Inc., bilked the medical practice out of the funds over a period of about 12 years, beginning in 1999, by transferring funds to bank accounts the defendants controlled for their own benefit.  The alleged misappropriation was discovered through an audit conducted last Fall.  The civil suit seeks $1.5 million in damages.

Read the story here and here.

1 comment:

Anonymous said...

When you post an allegation it is an ethical responsibility to post fax findings and not leave a person's reputation in shambles.