Sunday, August 5, 2012

Former Owner Of Defunct Nursing Home Sentenced For Embezzling $800K

Stanley J. Rodowicz, Jr., 57, previously of Canterbury, Connecticut and now of Wellington, Florida, was sentenced to 18 months in federal prison for embezzling more than $800,000 from Village Manor Health Care Inc. of Plainfield, Connecticut, a now defunct nursing home while it was in bankruptcy.  Prosecutors alleged that from 2007 to 2010, Rodowicz controlled the nursing home’s bank accounts, cash, accounts receivable and accounts payable, enabling him to siphon $817,212 from the nursing home’s accounts and falsified the books and records of the nursing home during the bankruptcy proceedings to conceal the embezzlement.  Rodowicz was also ordered to pay $495,212 in restitution after he had previously paid back about $322,000.

Read the story here.

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