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.

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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.

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