Thread: Paul Cardwell : Fugitive Ex-Hospital CEO Arrested in Thailand

Fugitive Ex-Hospital CEO Arrested in Thailand
June 8, 2013 (AP)

A former Wyoming hospital CEO who disappeared before being tried on charges of defrauding his employers has been arrested in Thailand.

FBI spokesman Dave Joly (JAHL'-ee) tells the Powell Tribune Paul Cardwell was arrested early Friday after fleeing in August.

Joly says it could take up to a month to return Cardwell to face charges in Wyoming and Indiana.

Cardwell is accused of stealing about $848,000 from Powell Valley Healthcare in Wyoming in 2011 and about $846,000 from White County Memorial Hospital in Monticello, Ind., between 2003 and 2009.

He had been CEO of both.

Prosecutors allege Cardwell would send funds to a bogus recruiting firm supposedly run by Michael Plake of West Lafayette, Ind., and that the two split the money.

Plake received a 30-month prison sentence in May.

abcnews.go.com

30 months for $847,000, works out to just over $1,000 a day, not a bad daily rate.

Former hospital CEO returns to US to face charges

POWELL — A former hospital CEO who went overseas before being tried on charges of defrauding his employers has been returned to the U.S.

Paul Cardwell arrived in the U.S. Wednesday in the custody of FBI agents. He was arrested in Thailand on June 7.

Cardwell is accused of stealing about $848,000 from Powell Valley Healthcare in Wyoming when he was its CEO and about $846,000 from White County Memorial Hospital in Monticello, Ind., when he was CEO there.

Prosecutors allege Cardwell ushered funds to a bogus recruiting firm supposedly run by Michael Plake of West Lafayette, Ind., and that the two would split the money. Plake is serving a 30-month prison sentence.

Cardwell fled in August, just before he was expected to accept a plea deal.

trib.com

^^Closer to $2000 a day for both places.

The World is getting too small, a few years back, just moving to a different state was enough to get away. Not that I have any sympathy for those who embezzle.