When someone’s in charge of a hospital or nursing home, they’re expected to follow all the rules. If they don’t do that, they will get caught, sooner or later. For a former nursing home operator in Fairfield County, it was sooner. Chaim Stern, a 71-year old man from Flushing, used to run several nursing homes, most of which were in Bridgeport, Connecticut.
The homes he operated included Bridgeport Health Care Center, Bridgeport Manor and Rosegarden Health and Rehab Center. Apparently, from 2011-2018, he embezzled more than $4 million from these homes. He was diverting the monies into a charity that he actually ran himself. Then, he took the money from the charity for his own personal use.
Stern was also charged with failure to pay his employee’s taxes. All in all, he has been cited as stealing $4.3 million. It’s not surprising, therefore, that he was caught and arrested for his actions.
This week, Stern finally reached a plea agreement and is to be sentenced this spring. He is facing up to 20 years in prison. He has been charged and has plead guilty to the following: 1 count of theft or embezzlement from a healthcare company; 1 count of theft or embezzlement from an employee benefit plan; and 1 count of willful failure to pay taxes.
This just goes to show you that even a white-collar criminal can face decades of time in prison. For Stern who is already 71 years old, any lengthy sentence will seem like a death sentence. News of his exact sentence will be released in a few months.
If you or your loved one have been charged with any sort of financial crime, contact our criminal defense lawyers right away.