Federal indictment alleges $700,000 was stolen from S.E. nursing care facility
Portland woman arraigned on embezzlement charges
A former accounts receivable clerk has been arraigned in U.S. District Court on charges of embezzling almost $700,000 from a Portland nursing care facility.
Janet Toler of Portland was indicted on seven counts of diverting patient payments from the business account for Reedwood Extended Care Center, listed as being located at 3540 S.E. Francis Street in Southeast Portland, to an account for which Toler allegedly was the only signer.
The trial is scheduled for December 12th.
According to the indictment, Toler worked at Reedwood Extended Care Center, which provides nursing care for the elderly, from March 1997 to November 2005. Her duties included receiving patient payments for facility services, preparing deposit slips and depositing the funds into the facility's business checking account
The indictment alleges that in February 2001, an Oregon corporation called Reedwood, whose principal place of business was Toler's home address, was established. Then a checking account was set up under the name of 'Janet Toler, dba: Reedwood,' for which the indictment says Toler was the only signer.
The indictment charges that between February 2001 and June 2005, checks written for patient care at Reedwood Extended Care Center were deposited into the Reedwood account. The accounting records at Reedwood Extended Care Center were then manipulated so the missing funds would go unnoticed.
The indictment says that $214,162.73 was embezzled in 2002; $226,244.19 in 2003; $156,801.61 in 2004 and $117,166.30 through June 2005.
As a result of the embezzlement, the indictment says, Reedwood Extended Care Center suffered significant financial problems.
The charges against Toler in the indictment--theft or bribery concerning programs receiving federal funds, and money laundering--all carry a maximum sentence of 10 years in prison and a maximum fine of $250,000.
At the time the indictment was announced, Toler could not be reached for comment.