A judge says a former CEO accused of defrauding hospitals in two states will remain in federal custody pending a hearing Aug. 9. Paul Cardwell appeared in federal court in Cheyenne on Monday. He is accused of stealing about $848,000 from Powell Valley Healthcare in Wyoming in 2011 when he was its CEO. He was arrested in Thailand in June. An indictment says Cardwell would arrange for hospital funds to be sent to a bogus recruiting firm supposedly run by Michael Plake of West Lafayette, Ind., but the money went to Plake and Cardwell instead. Plake was sentenced to 30 months in prison. Cardwell is accused of a similar scheme when he was CEO at White County Memorial Hospital in Monticello, Ind.
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