Two CFOs Tell a Tale of Fraud at HealthSouth

As seen in on March 27, 2017

The infamous $2.7 billion accounting scandal at HealthSouth, which was perpetrated from 1996 through 2002, left a trail of misery in its wake. Included in the carnage was the imprisonment of CEO Richard Scrushy and several HealthSouth CFOs, among a number of other company officials.

Two of the finance chiefs — Aaron Beam, a HealthSouth co-founder and its CFO from January 1984 through September 1997, and Weston Smith, who blew the whistle on the fraud — recently offered a presentation to the New York City chapter of Financial Executives International.

Read more here.