88.5 WFDD Web Archives
WFDD Archive
Main WFDD Website News Archives Triad Arts Archives Real People Archives Sports Commentary Archives Business Report Archives  

You are visiting the WFDD web archives.

Click here to return to our main website with the latest news from WFDD and NPR.

Search the WFDD archives
Listen (mp3) Listen  

Former Novant Health Executive Pleads Guilty to Embezzlement

February 21, 2012 | Keri Brown

A former Novant Health executive has pleaded guilty to embezzling nearly $620,000 over seven years.

56 year-old Carol Crawley Maultsby of  Haystack Hill Road in Winston-Salem, pleaded guilty in Forsyth Superior Court to eight counts of embezzlement. Maultsby was the vice president of corporate risk management for Novant Health Inc., the parent company of Forsyth Medical Center in Winston-Salem.

From 2003-2010,  Maultsby authorized 50 checks, each worth $12,000 to $13,000, to be issued to Excel Strategic Solutions, a fake company.  Police said the checks were mailed to the post office box in Greensboro, where Maultsby picked them up and cashed them at Suntrust Bank.

The Winston-Salem Journal reports Judge William Z. Wood sentenced her to serve a total sentence of four years, to five years and four months in prison and suspended the rest of the time, during which she will be on probation.

According to the newspaper, she’ll have to use her retirement account, worth about $300,000, to pay Novant restitution. She will spend the rest of her probation paying the rest of the money she is accused of embezzling.

Maultsby told investigators that she embezzled the money because she had gone through a divorce and was taking care of her sick mother. During the hearing, she expressed remorse for her actions.


<< earlier stories later stories >>
<< January 2001 >>
Su M T W Th F Sa
 123456
78910111213
14151617181920
21222324252627
282930    

Show month: