University of Massachusetts Worker Who Died in Crash Stole $3.4M
Officials at the University of Massachusetts Medical School have discovered a $3.4 million theft by an employee who died in a December car accident.
School leaders told The Boston Globe an internal investigation found that for five years financial analyst Leo Villani siphoned funds from payments intended for the state Medicaid insurance program. It may be the biggest theft by a state employee in more than a decade.
Officials at the Worcester school say Villani made $46,000 a year, but drove a Porsche, collected Salvador Dali paintings and built a large home in Uxbridge. They say he claimed he inherited money.
The school has dismissed one supervisor and disciplined several other workers in response to the theft. It also has called in an outside auditor.
- HSBC Executive Strikes Back in Court Fight Over Poaching Claims
- Don’t Sweat the Heatwave, El NiƱo Is Cooking up Some Raucous Weather for California
- Anxiety Over Gas Prices Points to ‘Looming EV Comeback’ in US
- First Atlantic Hurricane of 2026 to Threaten US Gulf Coast
- The Nation’s Insurance Laboratory: What Liability Trends in California Mean for the Rest of the Country
- Severe Convective Storms: Risk, Field Reality and the Path to Resilience
- Credit Acceptance Reaches $710M Predatory Auto Lending Settlement With Most States
- Apollo’s Rowan Blasts Regulators for Handling of Walter Insurers