This CEO Went To Prison For Spending A Half Million Dollars Of His Company’s Money On This

This CEO Went To Prison For Spending A Half Million Dollars Of His Company’s Money On This

One of the hallmarks of a good CEO is his ability to see the future of the industry in which he works. Anticipating future demands is a good way to stay ahead of the competition, but one CEO took this desire to see the future too far as he spent a half-million dollars of the company’s money on fortune tellers.

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The head of a southwestern Michigan mental health agency has learned his future: at least 32 months in prison for using public money to hire a fortune teller.

Ervin Brinker was sentenced by a Lansing-area judge Wednesday, two months after pleading guilty to embezzlement and Medicaid fraud conspiracy.

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Brinker was CEO at Summit Pointe, a mental health organization in Battle Creek that serves people in five counties.

He was accused of spending $510,000 on a palm reader and her husband in Key West, Florida, and concealing it from others.

Brinker signed off on the payments – made in two separate transactions – and listed them as for a ‘health care consultant’.

As CEO he did not need board approval to enter into contracts on behalf of Summit Pointe.

The payments were made in May 2011 and November 2012.

The attorney general’s Health Care Fraud Division began investigating Brinker in December 2014 after an internal investigation at Summit Pointe turned up the questionable contracts, according toMichigan Patch.

Summit Pointe provides mental and behavioral health services to Medicaid consumers in Barry, Berrien, Branch, Calhoun, and Van Buren counties.

The attorney general’s office said Brinker will pay double that amount – $1.02 million – as restitution a civil penalty.

A message seeking comment from his attorney wasn’t immediately returned.

Brinker will be eligible for parole after 32 months.

I’ll go ahead and state the obvious: if he spent that much money on being able to foresee the future, it seems that someone should have told him that he would end up in prison.

I’m just sayin’….

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