Massachusetts dentist gets 2 years for million-dollar embezzlement scheme
Jack Massarsky, 65, secretly deposited his employer's reimbursement checks into a personal bank account
{{#rendered}} {{/rendered}}A Massachusetts dentist who embezzled more than $1.2 million from his employer and fraudulently obtained an additional $50,000 in pandemic relief funding was sentenced Monday to two years in prison, federal prosecutors said.
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Jack Massarsky, 65, embezzled from his Cape Cod-based employer between 2015 and 2021 by intercepting insurance reimbursement checks mailed to the practice and depositing them in a secret bank account he opened in the practice's name, the U.S. attorney's office in Boston said. He used the money for personal and family expenses, authorities said.
{{#rendered}} {{/rendered}}A Massachusetts dentist has been sentenced to two years in prison for embezzling over $1.2 million from his Cape Cod-based employer.
He also submitted a fraudulent application to the federal Health Resources and Services Administration Provider Relief Fund in the name of the practice in 2020 and was given more than $52,000 in pandemic relief funds that were intended provide economic assistance to qualifying health care providers, prosecutors said. That money was also deposited into the secret bank account.
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In addition to prison time, Massarsky was also sentenced to three years of probation. He had paid restitution prior to sentencing.
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He pleaded guilty in January to mail fraud and wire fraud.