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Paul Cardwell, Fugitive Hospital CEO Charged With Fraud, Arrested In Thailand

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Paul Cardwell
Paul Cardwell

POWELL, Wyo. -- A former Wyoming hospital CEO who disappeared before being tried on charges of defrauding his employers has been arrested in Thailand.

FBI spokesman Dave Joly (JAHL'-ee) tells the Powell Tribune (http://bit.ly/197Xpdq) Paul Cardwell was arrested early Friday after fleeing in August. Joly says it could take up to a month to return Cardwell to face charges in Wyoming and Indiana.

Cardwell is accused of stealing about $848,000 from Powell Valley Healthcare in Wyoming in 2011 and about $846,000 from White County Memorial Hospital in Monticello, Ind., between 2003 and 2009. He had been CEO of both.

Prosecutors allege Cardwell would send funds to a bogus recruiting firm supposedly run by Michael Plake of West Lafayette, Ind., and that the two split the money.

Plake received a 30-month prison sentence in May.

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Information from: Powell (Wyo.) Tribune, http://www.powelltribune.com

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