Post by Logan on May 9, 2016 9:05:12 GMT -6
PHOENIX — A former official with Arizona’s health care program for the poor faces sentencing Monday on fraud and theft convictions in a case in which he was accused of stealing millions in public money.
Michael John Veit formerly was chief procurement officer for the Arizona Health Care Cost Containment System.
He agreed in March to plead guilty to theft and fraud charges, serve 10 years in prison and pay nearly $6 million in restitution and forfeit his state retirement benefits.
Prosecutors say Veit participated in a scheme in which payments submitted in the name of one of the agency’s vendors ended up in the hands of the procurement officer, one of his associates and some of Veit’s family members.
Read more: www.abqjournal.com/770844/former-az-official-to-be-sentenced-in-billing-fraud-case.html
It's an appropriate sentence for someone that stole from the taxpayers and harmed the poor.
Michael John Veit formerly was chief procurement officer for the Arizona Health Care Cost Containment System.
He agreed in March to plead guilty to theft and fraud charges, serve 10 years in prison and pay nearly $6 million in restitution and forfeit his state retirement benefits.
Prosecutors say Veit participated in a scheme in which payments submitted in the name of one of the agency’s vendors ended up in the hands of the procurement officer, one of his associates and some of Veit’s family members.
Read more: www.abqjournal.com/770844/former-az-official-to-be-sentenced-in-billing-fraud-case.html
It's an appropriate sentence for someone that stole from the taxpayers and harmed the poor.