Employee steals over $12M from health fund, spends most of it on adult website | Inquirer News

Employee steals over $12M from health fund, spends most of it on adult website

/ 03:54 PM August 17, 2021


INQUIRER.net stock photo

A former accounts manager of a non-profit affiliated with a South Florida university has pleaded guilty to embezzling millions of dollars from a health fund, with most of the money going to an adult website.

The University of South Florida stated that former employee Ralph Puglisi had admitted to taking $12.8 million (P646 million) from the school’s health fund, as per Tampa Bay Times last Friday, Aug. 13.


Leaders of the University Medical Service Association (UMSA) were notified of suspicious activity last November. Puglisi and his supervisor were fired after the incident.


It was found that Puglisi made multiple non-business charges using the UMSA’s credit cards, with at least $11.5 million (P581 million) going to adult content website MyGirlFund. There were 22,000 interactions recorded with the site and Puglisi appeared to have frequented the profile of a woman believed to be his stepson’s fiancee.

Aside from spending money on the website, Puglisi and the woman split $743,968 (P37 million) in profits, with 60 percent of the money going to Puglisi.

“The investigative team developed a working theory that Puglisi worked either with the principals of the adult content provider or with the female profiles of the adult content provider in order to financially benefit from funds charged to the UMSA credit card,” the association was quoted as saying.

UMSA found in its investigation that there were also payments made for home improvements, personal travels and cell phone bills, among others.

Puglisi signed a plea agreement in June and it was filed in the United States District Court last week. Under the agreement, the former employee will be repaying the stolen money. The deal also gives a maximum sentence of 20 years and a fine of at least $250,000 (P12 million). It also calls for a maximum of three years in supervised release and $100 (P5,000) per felony count.

The university released a statement saying the association has since “implemented enhanced control structures, including upgrading financial reporting systems, to better protect against criminal acts.” It also assured that state, philanthropic, grant and research money were not affected by the incident.


The UMSA is a non-profit that provides staffing and other support services to University of South Florida Health, Tampa General Hospital, the Center for Advanced Medical Learning and Simulation, and Johns Hopkins All Children’s Hospital. Dana Cruz /ra


Fertility doctor who used own sperm on patients agrees to multimillion-dollar settlement

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Church treasurer steals funds from chapel, spends most of it on porn

TAGS: embezzlement, Florida, Johns Hopkins, stealing, University

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.