Former Office Manager of Boston Dental Practice Charged with Bank and Tax Fraud
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This blog was moved in 2019 and renamed "Dental FraudBusters"
BOSTON – The former office manager of a Boston-based dental practice was charged in an indictment unsealed today in connection with embezzling funds from her former employer.
Yuliya Vaysglus, a/k/a Julia Vaysglus, 35, of Cary, N.C., was charged with eight counts of bank fraud, one count of aggravated identity theft and three counts of filing false tax returns. Vaysglus will appear today in federal court in Boston.
The indictment alleges that from 2009 until she was terminated in February 2015, Vaysglus was the office manager of a Boston-area dental practice. Her responsibilities involved tracking client invoices, depositing insurance payments into the practice’s bank account, and recording those deposits for accounting purposes.
Between 2009 and December 2014, it is alleged that Vaysglus misappropriated more than $348,000 from the dental practice by diverting to herself at least 276 checks from various insurance companies for services rendered to patients.
As part of the scheme, Vaysglus made the checks payable to herself, forged the owner’s signature on the checks, and deposited them into her bank account. In order to conceal the scheme, Vaysglus did not record the insurance payments in the bookkeeping system. The indictment further alleges that Vaysglus failed to report the embezzled funds on her federal tax returns.
The charge of bank fraud provides for a sentence of no greater than 30 years in prison, five years of supervised release, and a fine of $1 million. The charge of filing a false tax return provides for a sentence of no greater than three years in prison, one year of supervised release and a fine of $250,000. Aggravated identity theft carries a mandatory two-year sentence that must run consecutively to any other sentence, one year of supervised release, and a fine of $250,000. Sentences are imposed by a federal district court judge based on the U.S. Sentencing Guidelines and other statutory factors.
United States Attorney Andrew E. Lelling; Joseph W. Cronin, Inspector in Charge of the U.S. Postal Inspection Service in Boston; and Kristina O’Connell, Special Agent in Charge of the Internal Revenue Service’s Criminal Investigations in Boston, made the announcement today. Assistant U.S. Attorney Victor A. Wild of Lelling’s Economic Crimes Unit is prosecuting the case.
The details contained in the indictment are allegations. The defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.
Track case progress here: https://www.pacermonitor.com/public/case/26073223/USA_v_Vaysglus
According to the Chamber of Commerce, Yuliya Vaysglus was the office manger of Faneuil Hall Dental Associates
https://www.chamberofcommerce.com/boston-ma/10853036-faneuil-hall-dental
