- Associated Press - Friday, April 22, 2016

BATON ROUGE, La. (AP) - A former official with the hospice care company Amedisys has pleaded guilty to wire fraud after being accused of using a fake film tax credit scheme to divert more than $7.6 million to his personal bank accounts.

U.S. Attorney Walt Green said in a Thursday news release 41-year-old Michael David Pitts was the vice president of tax for Amedisys from January 2005 to July 2014 and used his position to defraud the company.

Green says Pitts was responsible for all corporate tax matters for Amedisys and had the ability to purchase tax credits for the purpose of reducing and paying state income taxes in the places where the company operated.

Green says Pitts’ guilty plea to one count of wire fraud carries a maximum penalty of 20 years in prison.

No sentencing date has been set.


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