Ex-Birmingham Health Care CFO sentenced in $11M fraud

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Birmingham (Ala.) Health Care's former CFO has been sentenced to 17 years in prison, after pleading guilty to stealing nearly $1.7 million and diverting $11 million in funds from two healthcare facilities, according to AL.com.

Terri Mollica pleaded guilty to six counts of wire fraud affecting a financial institution, eight counts of mail fraud affecting a financial institution and five counts of money laundering in 2015.

In total, Ms. Mollica, a certified public accountant, helped divert nearly $11 million from Birmingham Healthcare and Tuskegee, Ala.-based Central Alabama Comprehensive Health to the former CEO of both facilities.

Ms. Mollica is currently serving a 28-month sentence for mailing drugs and other items in an attempt to intimidate a witness and the families of a prosecutor and an FBI agent investigating the case, according to the report. Fourteen months of that prison sentence will run consecutive to the 17-year sentence, according to the report.

In addition to her prison term, A U.S. District Court judge ordered Ms. Mollica to forfeit the total proceeds from the fraud scheme, nearly $1.96 million. Ms. Mollica will also pay the IRS approximately $540,000 in restitution. In addition, she was ordered to pay $30,000 to Oklahoma City-based Globe Life Insurance for illegally trying to collect on an accidental death insurance policy and $10,000 in restitution to a physician whose signature she forged on a false death certificate, according to the report.

An attorney for Ms. Mollica told AL.com that he doesn't know if Ms. Mollica will appeal the sentence, according to the report. He also said Ms. Mollica agreed to surrender her CPA license.

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