Posted: October 23, 2010 - 12:01 am ET
http://www.modernhealthcare.com/article/20101023/NEWS/310239989
Roger Faulkenberry, a former executive at National Century Financial Enterprises, a failed healthcare finance company, was sentenced to 10 years in prison after his convictions for money laundering and conspiracy to commit money laundering were reversed on appeal.
U.S. District Judge Algenon Marbley denied a request to sentence Faulkenberry to five years in prison.
Faulkenberry was the director of securitization for NCFE, which collapsed in 2002, and was one of six former executives convicted in the government's fraud case against the Dublin, Ohio-based company. He was sentenced in August 2008 to 10 years in prison.
Faulkenberry's fraud convictions were upheld in the appeal. Four other former NCFE executives pleaded guilty.