North Carolina Doctor Pleads Guilty to Money Laundering
A pain management doctor in New Bern has pleaded guilty to money laundering and fraud in federal court.
The Sun Journal of New Bern reported that Dr. Michael K. Nunn entered the plea Monday before U.S. District Judge Terrence W. Boyle.
The judge fined Nunn’s Community Wellness Center in New Bern $700,000 and ordered Nunn to pay nearly $300,000 in restitution. The pain management business also had operations in Winterville and Morehead City.
Nunn also has been placed on probation for four years.
He said he felt forced into the plea agreement and said the allegations are untrue.
Prosecutors say Nunn’s business defrauded the Department of Health and Human Services and the Veteran’s Administration in 2003 and 2004.
Copyright 2024 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Popular Today
- Lyft to Pay $2 Million to Resolve FTC Suit Over Driver Pay
- Subway Sandwiches Are Short on Meat, Lawsuit Claims
- Worker Injured While Drunk on the Job Wins Claim Approval
- Insurance Industry Races to Stay Ahead of Cyber Threat Actors
Popular This Month
- Former UPS Driver Wins $238 Million Verdict in Suit Over Firing
- The Data Behind Rising Homeowners Premiums: by Peril and by State
- Court Orders Start to Expose ‘Startling’ Data on Litigation Funding Sources
- AccuWeather Increases Total Damage and Economic Loss Estimate From Helene to Between $225B-$250B