How Did Healthsouth Get Caught
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From Wall Street to Prison: The HealthSouth Story - The University …
(7 days ago) WEBThe story of HealthSouth in the 1990s and early 2000s is about a corporate network of rehabilitation hospitals that skyrocketed up Wall Street and then plunged off a cliff. It’s a story about sketchy ethics, tyrannical leadership, and crossing the line so often that …
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Former HealthSouth CEO denies hiding millions amid …
(Just Now) WEBPublished 12:59 PM PDT, May 27, 2023. BIRMINGHAM, Ala. (AP) — The man who once led HealthSouth, a huge provider of outpatient rehab services, has been ordered to turn over records related to a bank …
https://apnews.com/article/healthsouth-richard-scrushy-hidden-money-50ac64bd8529c76b5e48ea72ecb0d8bf
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Timeline of case against former HealthSouth CEO Scrushy
(4 days ago) WEBSignificant events in the development of HealthSouth Corp. and the fraud case against founder and former CEO Richard Scrushy: — 1984: Scrushy and a small group of …
https://www.seattletimes.com/business/timeline-of-case-against-former-healthsouth-ceo-scrushy/
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Two CFOs Tell a Tale of Fraud at HealthSouth CFO
(7 days ago) WEBTwo CFOs Tell a Tale of Fraud at HealthSouth. The infamous $2.8 billion accounting scandal at HealthSouth, which was perpetrated from 1996 through 2002, left a trail of misery in its wake. …
https://www.cfo.com/news/two-cfos-tell-a-tale-of-fraud-at-healthsouth/660542/
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Ex-HealthSouth CEO Richard Scrushy Found Not Guilty on All 36 …
(3 days ago) WEBJun 28, 2005 12:00 AM EDT. Former HealthSouth CEO and founder Richard Scrushy was found not guilty on 36 charges of fraud, false corporate reporting and making false …
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Richard Scrushy - Wikipedia
(5 days ago) WEBRichard Marin Scrushy (born August 1952) is an American businessman and convicted felon.He is the founder of HealthSouth Corporation, a global healthcare company based …
https://en.wikipedia.org/wiki/Richard_Scrushy
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HealthSouth and Chief Charged With Fraud - The New York Times
(9 days ago) WEBThe S.E.C. charged the nation's biggest operator of rehabilitation hospitals and clinics with overstating its earnings by at least $1.4 billion since 1999.
https://www.nytimes.com/2003/03/19/business/healthsouth-and-chief-charged-with-fraud.html
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Court upholds $2.9B verdict in HealthSouth case
(4 days ago) WEBShare story. The Alabama Supreme Court upheld a $2.9 billion judgment against imprisoned HealthSouth Corp. founder Richard Scrushy on Friday, rejecting …
https://www.seattletimes.com/business/court-upholds-29b-verdict-in-healthsouth-case/
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Scrushy acquitted of fraud at HealthSouth - Financial Times
(3 days ago) WEBProsecutors had alleged that Mr Scrushy ordered at least $2.7bn of fake profits and assets to be added to HealthSouth’s accounts from 1996-2002 to help the …
https://www.ft.com/content/199574fa-e7ec-11d9-9786-00000e2511c8
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HealthSouth Founder Is Charged With Fraud - The Washington Post
(8 days ago) WEBHealthSouth Founder Is Charged With Fraud. The ousted chief executive of one of the nation's largest health care chains was indicted yesterday on charges that he …
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From the archives: Lessons learned after a multibillion …
(Just Now) WEBHosted by Neil Amato. June 28, 2022. Aaron Beam became a millionaire in the 1980s as a corporate CFO, but his story is a cautionary tale. In this episode of the podcast, Beam discusses his tenure at HealthSouth, the …
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HEALTHSOUTH PENALTIES KNOCKED OF 10 PEOPLE WHO HAVE …
(5 days ago) WEBOf 10 people who pleaded guilty and have been sentenced in the multibillion-dollar scandal, only Harris, a former assistant controller, was sent to prison.HealthSouth …
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Ex-HealthSouth exec details fraud The Seattle Times
(2 days ago) WEBThe defense argues that Scrushy’s aides committed the fraud on their own and lied to him for years to keep it hidden. Livesay said he had some $1.1 million in …
https://www.seattletimes.com/business/ex-healthsouth-exec-details-fraud/
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Former HealthSouth CFO and whistleblower to share insider view …
(3 days ago) WEBWeston Smith. Weston Smith, former CFO turned whistleblower at health care giant HealthSouth, will deliver a talk at 5 p.m. Monday (April 14) in the Jordan …
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SEC Charges HealthSouth Corp. CEO Richard Scrushy With $1.4 …
(2 days ago) WEBWashington, D.C., March 19, 2003 -- The Securities and Exchange Commission today charged HealthSouth Corp., the nation's largest provider of outpatient surgery, …
https://www.sec.gov/news/press/2003-34.htm
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HealthSouth whistleblower gets 27-month prison sentence
(7 days ago) WEBBIRMINGHAM, Ala. – The main whistleblower in the accounting fraud at HealthSouth Corp. got the longest sentence so far in the case, while another former …
https://www.vaildaily.com/news/healthsouth-whistleblower-gets-27-month-prison-sentence/
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FIVE DEFENDANTS SENTENCED IN HEALTHSOUTH FRAUD CASE
(7 days ago) WEBWASHINGTON, D.C. - Five defendants were sentenced by a federal judge in Birmingham, Alabama, today for their admitted roles in a scheme to inflate the revenues and reported …
https://www.justice.gov/archive/opa/pr/2003/December/03_crm_678.htm
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How HealthSouth started a fraud - Marketplace
(9 days ago) WEBSteve Chiotakis: HealthSouth co-founder Richard Scrushy was ordered by an Alabama court to pay damages for defrauding the company. Because it’s been tough …
https://www.marketplace.org/2010/01/06/how-healthsouth-started-fraud/
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HealthSouth: A Case Study in Corporate Fraud - Arxis Financial
(Just Now) WEBAs a result, he sent HealthSouth auditors a letter overstating Source Medical’s debt to HealthSouth by $20 Million. This was done to help HealthSouth document the ongoing …
https://www.arxisfinancial.com/images/pdfs/Fraud-Health_South_Case.pdf
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HealthSouth Charged In $1.4B Fraud - CBS News
(2 days ago) WEBMarch 19, 2003 / 11:15 AM EST / AP. The government charged rehabilitation giant HealthSouth Corp. and chairman Richard Scrushy with civil accounting fraud …
https://www.cbsnews.com/news/healthsouth-charged-in-14b-fraud/
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Former HealthSouth CFO warns of the dangers of an ethics …
(5 days ago) WEBFormer chief financial officer of HealthSouth, Aaron Beam, And for a long time, Beam, Scrushy and a series of CFOs didn’t get caught. When the fraud did come …
https://www.healthcarefinancenews.com/news/former-healthsouth-cfo-warns-dangers-ethics-meltdown
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HealthSouth Employees, Patients Unshaken by Scandal
(7 days ago) WEBThe Chevy Chase center is one of 1,700 around the country that are owned, wholly or in part, by HealthSouth Corp., which has been fighting to stay alive amid …
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Life after Scrushy: HealthSouth moves on - NBC News
(9 days ago) WEBHealthSouth Corp. held its first annual meeting without fired CEO Richard Scrushy on Thursday, presenting investors with a no-nonsense plan for continued …
https://www.nbcnews.com/id/wbna10643133
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