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Two HealthSouth Ex-Execs Sentenced

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From Associated Press

A former HealthSouth Corp. chief financial officer was sentenced to six months of house arrest for his part in a multibillion-dollar accounting scandal at the chain of clinics.

U.S. District Judge U.W. Clemon in Birmingham, Ala., also gave Malcolm “Tadd” McVay five years of probation, fined him $10,000 and ordered him to forfeit $50,000 in ill-gotten gains.

McVay pleaded guilty to charges that included conspiracy to commit fraud at the chain of outpatient surgery, diagnostic imaging and rehabilitation centers.

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After McVay’s hearing, Clemon issued nearly the same terms for Richard Botts, a former senior vice president for taxes at HealthSouth who admitted filing false tax forms to hide the fraud. The lone exception: Botts was ordered to forfeit more money -- $265,000.

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