Edward J. Riley Jr. was an innovator. Not only did he run a benefits firm, but he also developed software to speed the accounting process for construction contractors. But he was innovative in a much different way when it came to the health care sector. This past July in Virginia federal court Riley received a two-year prison sentence, to be followed by three years of supervised release, for wire fraud. He’ll also have to pay $554,610.58 in restitution, mainly to union-sponsored benefit plans. Most of the affected employees belong to the Security, Police, and Fire Professionals of North America.
