Aaron Beam, Former CFO of HealthSouth, to Speak on Corporate Fraud and the Dangers of the Slippery Slope
How does a man who once boasted $30,000 worth of Hermes neckties wind up cutting grass? Aaron Beam, co-founder and former CFO of HealthSouth, will tell you.
The former millionaire-turned-yardman will tell his tale of getting involved in corporate fraud and going to federal prison. Beam is speaking 5:15-6:15 p.m., Wednesday, Feb.16 at the University Center Auditorium. A “meet-and-greet” reception will immediately follow the event in UC Room 227.
The College of Business Administration event is free and open to the public.
HealthSouth was one of the nation’s most successful health care companies, but when earnings fell short, Beam and others began to “cook the books.” By 2003, HealthSouth paid more money in taxes to the federal government than it legitimately earned the previous year. In August 2005, Beam was sentenced to jail for his role in the fraud.