Nursing home CFO sentenced after AP audit uncovers misappropriation of funds

The former chief financial officer of a Casper, Wyoming, nursing home was recently sentenced to four to six years' imprisonment after an accounts payable audit revealed he had been embezzling money from the organization for approximately three years, the Casper Star-Tribune reports.

Perry Vandeventer allegedly conducted the scheme involving Shepherd of the Valley nursing home using several different methods, according to the AP audit. Between early 2008 and January of last year, he submitted fake receipts for contractors, obtained cash advances for business trips he never took and used nursing home credit cards for numerous personal expenses ranging from the purchase of a computer to paying a speeding ticket in the local municipal court. 

Overall, police determined that Vandeventer allegedly racked up more than $28,000 in personal credit card charges and obtained nearly $24,000 in fraudulent expense reimbursements.

According to a separate article by the news source, the nursing home considered filing for bankruptcy last year. A Minnesota-based healthcare facility ultimately ended up buying its assets and transferring its debt.

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