Posted On: April 10, 2010 by David W. Terry

Did Nursing Home Owner Steal From Bankrupt Facility?

Did the owner and president of a Connecticut nursing home facility currently in bankruptcy loot the facility?

Stan Rodowicz, the owner and president of Village Manor was removed from the facility through a court order, according to the attorney general's office. The court order appointed a new CEO, Timothy Colburn, for the facility. The Court also appointed a trustee to audit the facility's books to investigate the allegation that approximately $329,000 was diverted from the bankrupt facility.

According to Attorney General Richard Blumenthal, Stan Rodowicz told the facility's attorney that he had diverted the funds by charging excessive rents. The facility, like many nursing home facilities, pays a separate company to rent the building that the nursing home is in. Rodowicz and his mother own that company as well.

The investigation continues and there are no plans to close the facility at this time.