Thursday, March 8, 2012

Former Medical Exec In Missouri Accused Of Embezzling "Millions" - Supports Lavish Lifestyle

Dunard Morris
Dunard Winfield Morris, 48, of St. Charles, Missouri, has been charged with embezzling millions of dollars from Metropolitan Urological Specialists PC for which he had served CEO.  Morris is also accused of fraudulently posing as a military hero.  Morris is accused of spending much of the money to support an extraordinarily lavish lifestyle that included numerous luxury wristwatches, luxury automobiles, jewelry, guns, designer clothes, wine, expensive restaurants, a luxury apartment and international travel.  Morris allegedly used the company payroll system to increase his salary without authorization by hundreds of thousands of dollars.  Morris had fraudulently claimed he had been awarded the Navy Cross, according to reports.  Specifically, Morris has been charged with multiple counts of mail fraud and wire fraud as well as one count of stolen valor fraud.

Read the story here and here.

Update (9/21/12): Morris pleaded guilty to 3 felony counts of mail and wire fraud.

Update (12/17/12): Morris was sentenced to 78 months in prison and ordered to pay $5.6 million in restitution.

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