Two more former HealthSouth Corp. executives have been sentenced for their roles in perpetrating what has amounted to more than $2.7 billion in alleged accounting fraud at the embattled Birmingham, Ala.-based rehabilitation provider. Malcolm McVay, 42, one-time treasurer and chief financial officer at HealthSouth, was sentenced yesterday by Birmingham Judge U.W. Clemon to five years probation for conspiracy to commit wire and securities fraud. He was also ordered to serve six months of home detention, pay a $10,000 fine and forfeit $50,000 gained through the fraud. Richard Botts, 45, HealthSouth's former senior vice president of taxes, also received six months of home detention for providing false tax information, a $10,000 fine and was ordered to forfeit $265,000. Prosecutors had been seeking a five-year prison term for McVay and a three-year prison term for Botts. Earlier this week, former company Chief Information Officer Kenneth Livesay was sentenced to five years probation. Eight former HealthSouth executives tied to the scandal have received sentences, beginning last December with former Assistant Controller Emery Harris, the only individual to receive a prison term-of five months-for his role. -- by Julie Piotrowski
HealthSouth sentencing continues
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