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Fugitive CEO returns to U.S. to face charges

Jun 28, 2013 - The Associated Press

POWELL -- A former hospital CEO who went overseas before being tried on charges of defrauding his employers has been returned to the U.S.

Paul Cardwell arrived in the United States on Wednesday in the custody of FBI agents. He was arrested in Thailand on June 7.

Cardwell is accused of stealing about $848,000 from Powell Valley Healthcare in Wyoming when he was its CEO and about $846,000 from White County Memorial Hospital in Monticello, Ind., when he was CEO there.

Prosecutors allege Cardwell ushered funds to a bogus recruiting firm run by Michael Plake of West Lafayette, Ind., and the two would split the money. Plake is serving a 30-month prison sentence.

Cardwell fled in August, just before he was expected to accept a plea deal.

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