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Friday, March 2, 2012

Check Out the Bling That Dunard Morris, Former CEO of Urology Practice, Allegedly Stole

Posted By on Fri, Mar 2, 2012 at 12:51 PM

Dunard Morris had one of these. And that ain't all. - IMAGE VIA
  • Image via
  • Dunard Morris had one of these. And that ain't all.
The feds may or may not prove their indictment against Dunard Morris, who until late last year served as CEO of Metropolitan Urological Specialists in St. Louis County.

But sweet bejeezus, he loved the flossy flossy!!! And he claimed to be a war hero, when in fact, he was not.

And now his jet-setting lifestyle -- which included a luxury condo, Swiss watches, high-end guns, big tabs at fancy restaurants -- has gone straight down the toilet.

Morris is apparently in Arizona now, but was charged yesterday with three counts of mail fraud, two counts of wire fraud and a final count of "stolen valor" for falsely claiming to be a recipient of the Navy Cross (he did serve in the Marines, but was not "honorably discharged").

Through a series of "deliberate falsehoods, material omissions and other deceptive practices," the government says, he was able to embezzle all the money and keep the doctors in the practice at bay.

Specifically, the U.S. Attorney alleges that he did the following:

  • Secretly increased his own salary
  • Secretly paid himself with "bonuses" and "reimbursements"
  • Engaged in unauthorized real-estate deals
  • Falsified internal financial reports and listed his expenses as business-related
  • Circulated a forged Navy Cross citation to "buttress his trustworthiness"
  • Got a couple of bank loans to pay off the firm's back taxes
  • Forged signatures of corporate officers, shareholders and their spouses (and directed at least one subordinate to do it for him)
  • Monitored and controlled employee e-mails from the financial staff to shareholders
  • Alternatively threatened to fire financial staff and bought them off with pay increases and car allowances
According to the Post-Dispatch, which sniffed out this case early on, the feds are working with Morris' attorney to persuade the man to turn himself in. 

They've already seized a bunch of stuff from him. For the full (and quite impressive) list, see pages nine through twelve of the indictment below:
Dunard Morris Indictment

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