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Ex-HealthSouth CEO going to prison
The founder of what used to be the country's largest healthcare provider is going to the big house. CEO-turned-preacher Richard Scrushy was sentenced yesterday to six years and 10 months in prison on bribery charges. Former Alabama Gov. Don Siegelman, a Democrat, got a seven-year sentence. The pair were convicted of taking part in a scheme that gave hospital contracts to Scrushy's company, HealthSouth. Scrushy has already paid $81 million to settle SEC charges he directed his company to overstate revenues by at least $2.6 billion between 1996 and 2002.
Posted on June 29, 2007 7:12 AM PT | Permalink
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