Caremerica former CFO pleads guilty

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Submitted: Thu, 07/19/2012 - 1:37am
Updated: Thu, 07/19/2012 - 1:09pm

WILMINGTON, NC (WWAY) — Michael R. Elliott former Chief Financial Officer for Caremerica Inc. based in Leland, pleaded guilty Wednesday to conspiring to defraud the Internal Revenue Service. He was indicted in November by a Grand Jury.

The Justice Department says Caremerica companies accrued more than $4.5 million in employment tax liabilities between 2003 and 2006.

Sentencing is set for the court term beginning November. 5.

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1 Comment on "Caremerica former CFO pleads guilty"

2015 years 8 months ago

Former employees of Southern Cross Mental Health Centers…Doesn’t this name sound familair? Hmmm? And we wonder why the business went down!