Ex-Moses Taylor CFO indicted on fraud charges in Connecticut [The Times-Tribune, Scranton, Pa.]

Sept. 02--Roe indicted in Connecticut

Former aide to MTH faces fraud charge

A federal grand jury in Connecticut indicted the former chief financial operations officer at Moses Taylor Hospital on Wednesday on charges he submitted phony invoices from a company he owned to two hospitals where he worked.

The grand jury in Hartford indicted William Roe, 56, on one count of wire fraud and two counts of interstate trans­portation of stolen money.

If convicted, Mr. Roe faces up to 20 years in prison and a $1 million fine for the wire fraud count and 20 years in prison and a $500,000 fine for the interstate theft charges.

The charges involve bogus invoices Mr. Roe issued from Cycle Software Solutions, a company he owned in his hometown of Archbald, prosecutors said. The alleged victims were the hospitals where he was employed as chief financial officer, the six-page indictment states.

The two hospitals were defrauded out of more than $150,000 between July 2008 and July 2010, the indictment states.

The indictment claims Mr. Roe, who worked at Moses Taylor from 1998 to 2006, formed Cycle Software Solutions as part of a scheme he hatched to steal money from hospitals. According to the indict­ment, he submitted bills for services never provided and pocketed the money.

Mr. Roe's legal problems surfaced last week after he was arrested by local FBI agents who picked him up in Archbald on charges he had violated bail conditions that were set after his arrest Aug. 17 in Connecticut. The charges -- federal wire fraud and interstate transport of stolen funds -- stemmed from the investigation into the fraud at the two hospitals where he worked.

Contact the writer: jmcdonald @timesshamrock.com

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