After a joint investigation by the US Department of Labor’s Employee Benefits Security Administration (EBSA) and the IRS, US District Court Judge Karen K. Caldwell sentenced two Kentucky healthcare companies’ executives to prison and ordered them to pay $1,595,725 in restitution. The court sentenced former Chief Executive Officer Ann Sonderman Giles and former Chief Financial Officer Lu Anne Wallace of Kentucky-registered companies including GW Management Inc., Clark Medical Ventures LLC, Madison Primary Care LLC, Paragon Kentucky LLC and Primary Care of the Bluegrass LLC, for defrauding the US. Giles received a sentence of 30 months in prison and 36 months of supervised release, and former chief financial officer Lu Anne Wallace to 33 months in prison and 36 months of supervised release.
