A former executive of the bankrupt health care company Canopy Financial Inc. has agreed to plead guilty in an alleged multimillion-dollar fraud.pCourt documents released Wednesday say former chief technology officer Anthony Banas will plead guilty to wire fraud./ppChicago-based Canopy was known as one of the nation's fastest growing businesses before its 2009 bankruptcy. Many clients relied on it to pay medical bills./ppBanas and former chief operating officer, Jeremy Blackburn, have been charged with wire fraud, which carries a maximum 20-year prison sentence./ppBanas' agreement says he participated in transferring $60 million of investor funds and misappropriating $18 million in health care savings accounts./ppMessages left for defense attorneys weren't immediately returned./p |
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