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September 14, 2006

Sentencing tomorrow for nursing home operators

PROVIDENCE -- Former nursing home operator Antonio L. Giordano and his longtime chief financial officer, John J. Montecalvo, are scheduled to be sentenced in U.S. District Court tomorrow morning on federal equity skimming charges.

Giordano and Montecalvo pleaded guilty to the felony charges in June, admitting to skimming $780,539 from the defunct Hillside Health Center in Providence, the former Coventry Health Center and Mount St. Francis Health Center in Woonsocket, even when the nursing homes were in default of their multimillion-dollar federal mortgages or operating in the red.

The men also are each facing 45 state charges related to alleged mismanagement of the nursing home and its finances. They are set to be arraigned on the state charges Wednesday.

Tomorrow's sentencing is scheduled for 11 a.m. before Judge Mary M. Lisi in Courtroom 1 of the federal courthouse on Kennedy Plaza.

Posted by Steve Peoples  at 5:58 PM | Permalink

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