On April 3, 2024, the U.S. Attorney’s Office for the Northern District of Florida announced that Timothy S. Gilbert, a Florida resident and former rehab manager for a local hospital, was sentenced to 3 years in prison for his role in an alleged fraud and money laundering scheme. Gilbert was also ordered to pay more than $777,000 in restitution, including $607,000 to the hospital, over $160,000 in unpaid taxes, and approximately $38,000 in prosecution costs.
The USAO reported that Gilbert pleaded guilty to 22 counts of wire fraud, 10 counts of money laundering, and 4 counts of tax evasion for his alleged participation in a scheme in which he fraudulently purchased prepaid credit cards and gift cards using his corporate credit card and then laundered the funds obtained from the cards to conceal the scheme. According to the indictment, Gilbert made additional efforts to conceal the scheme by keeping his purchases under $5,000 in order to avoid additional approvals that the hospital required for vouchers over that amount. He also allegedly failed to report the additional income earned from the scheme on his federal tax returns. According to the USAO, Gilbert stole and laundered more than $607,000 between 2019 and 2022.