Two HealthSouth Ex-Execs Sentenced
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A former HealthSouth Corp. chief financial officer was sentenced to six months of house arrest for his part in a multibillion-dollar accounting scandal at the chain of clinics.
U.S. District Judge U.W. Clemon in Birmingham, Ala., also gave Malcolm “Tadd” McVay five years of probation, fined him $10,000 and ordered him to forfeit $50,000 in ill-gotten gains.
McVay pleaded guilty to charges that included conspiracy to commit fraud at the chain of outpatient surgery, diagnostic imaging and rehabilitation centers.
After McVay’s hearing, Clemon issued nearly the same terms for Richard Botts, a former senior vice president for taxes at HealthSouth who admitted filing false tax forms to hide the fraud. The lone exception: Botts was ordered to forfeit more money -- $265,000.
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