Six months after Universal Health Care Group declared bankruptcy, authorities are piecing together how extravagant spending and possible criminal conduct led to the demise of the once-thriving Medicare insurer.
A bankruptcy trustee alleges that Dr. Akshay "Doc" Desai, founder of the St. Petersburg company, and two of his top lieutenants took kickbacks from vendors seeking to do business with Universal.
A major bank alleges Desai might have had an insider stake in an Indian outsourcing company that collected millions of dollars from a Universal affiliate.
And the court official charged with liquidating Universal's assets and paying creditors has hired a top Miami law firm for a specific mission: to coordinate with federal prosecutors "in connection with any criminal related matters."
Desai and at least two of his former executives have hired well-known criminal defense attorneys, who insist their clients have done nothing wrong.
Story here
??
Source: http://feedproxy.google.com/~r/tampabaycom/blogs/buzz-heds/~3/RZeRAPqgi-w/2133394
masters 2012 tom watson kawasaki disease resurrection masters tickets one direction tulsa news
No comments:
Post a Comment