PROVIDENCE -- A retired Blue Cross & Blue Shield of Rhode Island worker was charged Thursday with stealing about $723,000 from the insurer over eight years.
Vincent Bottoni Jr., 71, of Johnston, was arrested Thursday by state police. He was arraigned in District Court on one count of embezzlement. He was released on $50,000 bail.
Police said Bottoni worked as a cash receipts manager and was an employee for more than 30 years. He's charged with stealing cash from the company over an 8-year period, ending when he retired in April 2003. Blue Cross & Blue Shield discovered the theft through an audit.
News Channel 10's Bill Rappleye reported that the theft will not affect ratepayers. The company said it is insured for the losses.
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