A family-owned daily newspaper serving Riverton, Lander and Fremont County, Wyoming since 1949

Powell ex-hospital chief to settle fraud lawsuit

Sep 4, 2013 - The Associated Press

POWELL -- Powell Valley Healthcare's former CEO has agreed to pay $3.5 million to settle a lawsuit filed against him alleging fraud.

Paul Cardwell ...

There is more! Read the rest of the story - subscribe today!

POWELL -- Powell Valley Healthcare's former CEO has agreed to pay $3.5 million to settle a lawsuit filed against him alleging fraud. Paul Cardwell signed a proposed settlement agreement Aug. 22 in which he admits liability for the money, but makes no admission to the allegations against him. A judge still needs to approve the settlement, which would cancel a pending civil trial. HealthTech Management Services filed the lawsuit. The company provides management at Powell Valley Healthcare. Cardwell still faces a criminal trial and is in custody. An indictment alleges Cardwell would arrange for hospital funds to be sent to a bogus recruiting firm supposedly run by Michael Plake of West Lafayette, Ind., but the money went to Plake and Cardwell instead. Plake is serving a 30-month sentence.

County Weather

Photo Gallery

Twitter Feed (Follow Us!)

© 2015 Riverton Ranger, Inc.