2020-499 Charges - Edward Calloway

technology support and communicating with the Hospital's Chief Executive Officer regarding financial operations. 10. From 2017 through 2019,the Respondent,in his capacity as the Hospital's Chief Financial Officer, used electronic Automatic Clearing House transfers ("ACH transfers") to move Hospital funds to which he was not entitled into his personal bank accounts; these included transfers over $400,000.00 from the Hospital's bond sinking fund, a Region's bank account the Hospital had established to pay off debt incurred when it remodeled an office building and built residential buildings, to checking and savings accounts the Respondent held at La Capitol Federal Credit Union. 11. To accomplish this end and to avoid detection, the Respondent masked the unauthorized transfers as payroll withdrawals and deposits; shifted the public money from one Hospital account to another before depositing it in his personal accounts;altered the Hospital's financial documents, which included deleting ACH transfers on copies of the Hospital's bank statements, and underreported the Hospital's revenue and receivables. 12. On February 10, 2020, the Respondent was charged in 4th Judicial District Court with four counts of felony theft for misappropriating Hospital funds. This case is still pending. 13. La. R.S. 42:1111 A(1)(a) provides that: No public servant shall receive anything of economic value, other than compensation and benefits from the governmental entity to which he is duly entitled, for the performance of the duties and responsibilities of his office or position. Page 3 of 6