Ohioan charged with embezzling $2.9M from insurer

CLEVELAND (AP) — A suburban Cleveland man is charged in federal court with embezzling $2.9 million from the state's largest health insurance company, Medical Mutual of Ohio.

Sixty-nine-year-old Joseph Satava (suh-TAW'-vuh) of Sheffield Lake is accused of creating checks using names of people insured by Medical Mutual. Prosecutors say he would forge the person's signature on a check, counter-sign and deposit it into an ATM.

Satava allegedly created nearly 1,400 checks between 1997 and 2013. Prosecutors say the embezzlement went unnoticed for years because the checks were drawn on an account that handled billions of dollars in transactions.

Satava was charged Monday in an information. An information generally indicates that a defendant has agreed to plead guilty and to cooperate with prosecutors.

His attorney could not be immediately reached for comment.

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