A former retirement account administrator at Intermountain Health Care, Salt Lake City, was charged with embezzling $2.6 million earmarked for administrative expense contributions to the system's trust and retirement funds. Some of the money was recovered, and insurance replaced the remainder, Intermountain said. Ralph Jay Hansen, 52, was charged with nine counts of theft and one count of money-laundering for allegedly siphoning the funds to a fictitious company over an eight-year period. Hansen was fired in March following an internal investigation. In a news release, Intermountain said safeguards are in place to prevent similar actions in the future. -- by Mark Taylor
Fired Intermountain worker charged with theft
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