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Francisco Ortiz, Bank Fraud, West Virginia 2026
A former high-ranking executive at a Morgantown medical practice has been sentenced to prison for stealing hundreds of thousands of dollars from the company.
Francisco Ortiz, 50, the former chief operating officer of Wedgewood Physicians, Inc., was sentenced on not specified to 36 months in federal prison for bank fraud.
According to court documents, Ortiz, of Vacaville, California, defrauded Wedgewood Physicians, Inc. by diverting more than $650,000 for his own benefit.
Ortiz used the funds to pay for personal items such as travel, home improvements, and online purchases. He also diverted some of the money for the benefit of co-defendant, James Mersing, a physician formerly employed by the practice.
Mersing pled guilty to his role and was sentenced in October 2024.
Ortiz was ordered to pay restitution in the amount of $692,176.19.
Ortiz will serve five years of supervised release following his prison sentence.
The Federal Bureau of Investigation investigated. Assistant U.S. Attorney Andrew Cogar prosecuted the case on behalf of the government.
Key Facts
- State: West Virginia
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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