Monday, October 26, 2020

Former Sheriff’s deputy sentenced to five years prison for stealing from children’s charity

-

A former sheriff’s deputy and U.S. Navy veteran was sentenced Tuesday to five years in prison for stealing $50,000 from a children’s charity and paying kickbacks to lure patients into a drug treatment center he ran in West Palm Beach.

Robert “Bobby” Simeone, 49, pleaded guilty to 30 felony charges related to three cases. The former Palm Beach County Sheriff’s deputy was arrested in February.

Evidence showed that Simeone paid two sober home operators to bring in patients to his center, prosecutors said. In Florida, it is illegal offer or pay any commission, kickback or bribe to promote the referral of patients to or from a health care provider.

Simeone’s lawyers previously contended that his center helped vulnerable adults and that there was no evidence of patient brokering, the South Florida SunSentinel reported.

- Advertisement -

The newspaper reported that financial crimes investigators reviewed bank accounts tied to Simeone and his wife, and Children of Wounded Warriors, a nonprofit in Boynton Beach.

Court records show detectives found $73,556 in deposits were made to the charity between 2015 and 2019, and $49,037 in transfers from the charity were deposited into Simeone’s personal and business accounts.

Circuit Judge Joseph Marx on Tuesday approved the terms on Tuesday.

Prosecutors dropped 27 felony counts and Simeone was convicted of 26 counts including patient brokering, conspiracy to commit patient brokering, and organized scheme to defraud, money laundering and grand theft.

- Advertisement -

While the charges are punishable by up to 175 years in prison, the deal means Simeone should be out in less than five years, factoring in 91 days credit for time already served. He will then serve five years of probation.

MUST READ

Julius Baer to deny two former CEOs their bonuses over money laundering scandal

Julius Baer will withhold millions of francs in bonuses from its former chief executives Boris Collardi and Bernhard Hodler, as a result of a...

Goldman Sachs executives to cover part payments of $3 billion fines in 1MDB scandal

Nine current or former Goldman Sachs executives, including CEO David Solomon, will have to pay back hundreds of millions of dollars in compensation over...

Goldman Sachs agrees $3 billion settlement with US DoJ over 1MDB corruption scandal

Goldman Sachs has agreed to pay nearly $3bn (£2.3bn) in the US to end a probe of its role in Malaysia's 1MDB corruption scandal. The...

Hong Kong fines Goldman Sachs $350 million over 1MDB scandal

Goldman Sachs ignored multiple red flags over the multibillion-dollar fundraisings it arranged for state fund 1Malaysia Development Berhad, Hong Kong’s financial regulator said on...

Texas attorney general Ken Paxton fires top aide who accused him of bribery

Lacey Mase, one of the top aides who accused Texas Attorney General Ken Paxton of crimes including bribery and abuse of office, has been fired, she told The...

Subscribe For More

Get our daily notification on the latest financial crimes news around the World

Advertisement
Advertisement

Latest News

This Week

UK regulators fine Goldman Sachs £97 million over 1MDB scandal

Goldman Sachs International has been fined £96.6m by UK regulators for risk management failures connected to the 1MDB scandal. The Financial Conduct Authority and Prudential...

Texas attorney general Ken Paxton fires top aide who accused him of bribery

Lacey Mase, one of the top aides who accused Texas Attorney General Ken Paxton of crimes including bribery and abuse of office, has been fired, she told The...

Trial of bitcoin launderer Alexander Vinnik begins in Paris

The trial of a Russian man alleged to have used ransomware in a 135 million euros ($157 million) bitcoin fraud will begin Monday. Alexander Vinnik, who...

Julius Baer to deny two former CEOs their bonuses over money laundering scandal

Julius Baer will withhold millions of francs in bonuses from its former chief executives Boris Collardi and Bernhard Hodler, as a result of a...
Advertisement

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks