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UMass worker who died in crash had stolen $3.4M

By Associated Press

POSTED:
LAST UPDATED: 06:25 a.m. HST, Sep 15, 2013



WORCESTER, Mass. >> Officials at the University of Massachusetts Medical School have discovered a $3.4 million theft by an employee who died in a December car accident.

School leaders told The Boston Globe an internal investigation found that for five years financial analyst Leo Villani siphoned funds from payments intended for the state Medicaid insurance program. It may be the biggest theft by a state employee in more than a decade.

Officials at the Worcester school say Villani made $46,000 a year, but drove a Porsche, collected Salvador Dali paintings and built a large home in Uxbridge. They say he claimed he inherited money.

The school has dismissed one supervisor and disciplined several other workers in response to the theft. It also has called in an outside auditor.







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omd111 wrote:
Wow...just as inept as the University of Hawaii.
on September 15,2013 | 06:50AM
1local wrote:
All schools that receive any taxpayer funding should be subject to regular published audits. All government departments should also be suject to published audits - government waste of taxpayer money have hurt the USA infrastructure...
on September 15,2013 | 06:56AM
cojef wrote:
Entitlement progams face the same problems. Medicare scams also swindle mucho dinero. In this case, doctors who are deemed to be honorable have stooped low and are committing these medicaid frauds. The public trough attracts even the honorable profession.
on September 15,2013 | 07:31AM
cojef wrote:
The thief had taste for the high life. Porshe and Dali painting are hard to come by, but if you got $3.4M, well, why not.
on September 15,2013 | 07:53AM
joseph007 wrote:
Gee whiz, the supervisor was fired!!!! here in Hawaii they are given a promotion or bonus.....
on September 15,2013 | 08:23AM
KLE wrote:
So if he's dead............it's easy to blame him. I wonder if anyone else has some of the money. Maybe he was killed? FOLLOW the money.............
on September 15,2013 | 02:36PM
rayhawaii wrote:
All schools should check their pockets, I am sure someone spending their money already. Especially the guy making 46K a year with expensive taste.
on September 15,2013 | 09:12PM
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