Former Novant Executive Pleads Guilty to Embezzlement

The former vice president of corporate risk management at Winston-Salem, N.C.-based Novant Health has pled guilty to eight counts of embezzlement, according to a Winston-Salem Journal report.

Advertisement

Carol Crawley Maultsby has been sentenced to prison for an active sentence of roughly two years as a result of the guilty plea. Prosecutors say she embezzled nearly $620,000 from Novant over seven years by authorizing checks, sending them to a shell company and cashing them.

Ms. Maultsby has taken full responsibility for the improper activity, which she said she committed due to financial pressures from a divorce and caring for a sick mother, according to the report.

Related Articles on Hospital Executives and Fraud:

Houston Hospital Executive Indicted For $116M Medicare Fraud Scheme
Two Former NY Presbyterian Hospital Execs Convicted of Wire Fraud
Former Exec at California’s Huntington Memorial Sentenced for $4.8M Kickback Scheme

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Legal & Regulatory Issues

Advertisement

Comments are closed.