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$12.8 million stolen, millions sent to adult entertainment site in USF embezzlement case

TAMPA, Fla. (WFLA) Robert Puglisi had oversight of the credit cards for a billing company that works for USF, and investigators say no one was looking over his shoulder.

The accountant took advantage of the freedom, according to investigators, using university money for yacht trips, home renovations, wedding expenses and more.

Puglisi, 59, of Palm Harbor, has agreed to plead guilty to embezzling $12.8 million as an accountant for University Medical Service Association (UMSA), a non-profit that assists with the billing, collection and disbursement of funds generated by USF Health medical faculty.

He was fired last December, and his UMSA supervisor and an internal auditor were also terminated for never detecting the scheme that lasted from June 2014, until last September.

Puglisi spent lavishly on family “rent payments, extensive home renovations, travel, chartered yachts,” but the way he cleaned the cash may push the scheme into another realm.

Greenberg

Article source: http://feedproxy.google.com/~r/Entertainmentnutz/~3/fJ3cNzC4bQ8/

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