Florida Governor Rick Scott Fraud alleged as Former CEO of Columbia/ HCA Hospitals

Florida Governor Rick Scott Fraud alleged as Former CEO of Columbia/ HCA Hospitals

Pensacola : FL : USA | Mar 28, 2011 at 8:57 AM PDT
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The Truth About Columbia/HCA

Rick Scott was forced to resign as CEO of Columbia/ HCA Hospitals in 1997 over accusations that his business overcharged medicare.

Scott, a lawyer, resigned from Columbia/ HCA and was paid almost 10 million in cash and $350 million in stock bonuses. In some cultures this might look like the company Board of Directors was giving Scott "hush money", but this is a perfectly acceptable and normal business practice by corporations in America.

After Rick Scott resigned from Columbia/ HCA over the fraud allegations made by the FBI, Columbia/ HCA ended up paying over $2 billion in civil settlements to Federal and other governmental agencies for over charging them.

Under oath during the investigation Rick Scott pled the fifth amendment over 70 times. In the U.S. the fifth amendment gives one the right to remain silent if answering a question would incriminate yourself. Obviously, this does not apply to those accused of terrorism.

Interestingly, in the 1990's Rick Scott was also George W. Bush's business partner in Bush's first successful business venture. Ownership of the Texas baseball team, the Texas Rangers.

Scott was never tried for any criminal offenses and was never convicted of any crime. He claimed throughout the proceedings that as CEO of Columbia/ HCA he had no idea of the massive multibillion dollar fraud going on.

Now he is the governor of Florida.

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New Florida Governor Rick Scott
New Florida Governor Rick Scott
JPaul is based in Pensacola, Florida, United States of America, and is a Stringer on Allvoices.
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