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Article: HealthSouth's first CEO pleads guilty.
- Article from:
- United Press International
- Article date:
- April 25, 2003
CopyrightCOPYRIGHT 2003 United Press International. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON, Apr 24, 2003 (United Press International via COMTEX)
Aaron Beam Jr., HealthSouth Corp.'s first chief financial officer and one of its founders, has agreed to plead guilty to two counts of bank fraud, federal prosecutors said Thursday.
The Justice Department now has secured guilty-plea agreements from all five former chief financial officers at the nation's largest for-profit hospital chain.
"Beam's cooperation allows us greater understanding of the accounting fraud scheme at HealthSouth and those persons who participated in the scheme," Alice Martin, U.S. Attorney for the Northern District of Alabama, said in a statement.
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