Wednesday, October 1, 2008

'cash-starved medical providers' , corporate fraud on the scale of Enron or WorldCom

Where is James K Happ?



Executive’s Trial to Begin in $1.9 Billion Corporate Fraud Case
October 1, 2008
Entrepreneur Lance Poulsen founded an innovative business helping cash-starved medical providers pay off their bills. Along the way, he became a yacht-owning multimillionaire and grew National Century Financial Enterprises into one of the United States' largest health care financing businesses. Federal prosecutors in a $1.9 billion trial allege Poulsen did something else: perpetrate corporate fraud on the scale of Enron or WorldCom by fabricating data, misleading investors and covering up shortfalls.
Written by Law.com - Newswire · Filed Under Corporate Legal, Latest News

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