Greg Bruce, 46, pleaded guilty to one count of mail fraud in a Lubbock federal court on Thursday.
Bruce, the former Vice President of University Medical Center, was caught embezzling hospital funds in December 2011. Court documents show that beginning in June 2007, Bruce and Rudolph Reyes Mata submitted fraudulent invoices for two false companies, B.R. Media Monitoring and ATAM Technology Solutions.
UMC paid approximately $681,908 to these companies. When hospital administrators confronted Bruce, he admitted to stealing funds and resigned. Bruce later admitted that he also used a UMC credit card, spending approximately $55,584 on unauthorized purchases.
Bruce used the funds, in part, to pay Mata's personal living expenses, educational expenses, and travel and entertainment expenses.
U.S. District Judge Sam R. Cummings presided over the proceedings and accepted Bruce's plea.
Bruce remains on bond. A sentencing date will not be set until the full investigation is completed.
He could face up to 20 years in prison and a fine of $250,000 and restitution.
Copyright 2013 KCBD. All rights reserved.