
Millions stolen from health fund spent at adult website
ABC News
A former accounts manager for a nonprofit affiliated with the University of South Florida’s medical school has pleaded guilty to embezzling almost $13 million
TAMPA, Fla. -- A former accounts manager for a nonprofit affiliated with the University of South Florida's medical school has pleaded guilty to embezzling almost $13 million, spending most of it at an adult website with some of it coming back to him. The Tampa Bay Times reports that Ralph Puglisi, 59, is facing up to 20 years in prison under the deal, which was recently filed in Tampa's federal court. Puglisi had worked for the University Medical Service Association, which provides staffing and support for USF Health and other medical providers in the Tampa Bay area. According to court documents, Puglisi spent almost $12 million at an adult website that allows users to subscribe to channels belonging to specific women, who disrobe and engage in sex acts on live video. An investigation showed that Puglisi subscribed to a channel belonging to his stepson's fiancee and they split almost $750,000 in profits, with Puglisi taking 60%.More Related News