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Former board members must pay $13 million
LTC Liability Monitor, January 20, 2005
Two former board members of a now defunct nursing home were ordered to pay the state of Indiana $13.1 million for allegedly squandering the facility's assets, the Associated Press (AP) reported. Dean Beckner and Joseph Collins, former members of the board of the Brethren's Home of Indiana in Flora, IN, were accused of turning the previously non-profit home into a for-profit facility and exhausting its funds over seven years. Beckner lost his legal license in 2002 for representing both sides in the 1994 deal that changed the profit status of the nursing home, according to AP. The home was closed in 2001 after a judge determined that the residents of the facility were in immediate jeopardy. Thus far, the state has obtained more than $200,000 in out-of-court settlements with other board members.
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