Former NonProfit CEO in Indiana Sentenced to Almost Three Years in Prison

INDIANAPOLIS–A former nonprofit CEO in Indianapolis has been sentenced to almost three years in federal prison after pleading guilty to wire fraud.

The Department of Justice said Monday afternoon that 58-year-old Theresa Szwast of Fishers also has to pay back more than $2 million in restitution.

Court documents say Szwast “systematically embezzled more than $2 million from her employer, a non-profit insurance statistical agent based in Indianapolis, over the course of 17 years.” Szwast was the organization’s CEO from 2008 to 2022…

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