Indiana News

FBI Seeks Former White County Hospital CEO Indicted In Wyoming

Suspected Now In Similar Scam In Monticello

3/26/2013


(photo courtesy Indiana University Health)

The FBI in Wyoming is looking for a former hospital CEO from Indiana.  He's accused of a scam amounting to hundreds of thousands of dollars in both states.

Listen:

46-year-old Paul David Cardwell and a second man were indicted for defrauding Powell Valley Healthcare in Powell, Wyoming of $850,000.  Investigators say they later discovered that what is now IU Health White Memorial Hospital in Monticello lost $800,000.  Cardwell was CEO at the hospital in Monticello from 2001 to 2009, before assuming the same position at Powell  Valley.  

An accused co-conspirator, Michael J. Plake, has already pleaded guilty, admitting that he posed as operator of staff recruiting firm that proved to be bogus.  Investigators say money was funneled to Plake, who kept about a fourth of the cash and kicked back the rest to Cardwell.  Both had been indicted in Wyoming on charges that included wire fraud, mail fraud, money laundering and conspiracy.

Cardwell was also being offered a plea agreement but he disappeared in August 2012.  It's believed that Cardwell attempted to obtain a passport in August of last year under his birth name, Paul David Sappington.  That application was denied and a warrant was issued for his arrest.  

The FBI has been looking for him ever since. 

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