Helen Sieger accused of stealing $9 Million Dollars!

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According to an article in the Daily News today a lawsuit filed in Bronx Supreme Court charges that Helen Sieger previous owner of the Kingsbridge Heights Rehabilitation & Care Center allegedly stole $9 million from the home for her personal use.

Since the strike ended, the nursing home has gone into state receivership, and William Pascocello, the veteran operator who took over, has spent months reviewing Sieger’s disorganized financial records, said his lawyer, Marvin Tenzer.

In the $9 million lawsuit against Sieger last week, Pascocello alleges he and his staff discovered the home owes about $10 million to vendors, more than $6 million to the state and $9 million Sieger took as part of a personal loan she never paid back.

“The objective of going after this money is to bring it into the facility to provide improved care and to pay some of it back to the state Medicaid program,” Tenzer said.

Does this really surprise any of us considering Helen is already facing jail time? Let’s not forget that she was arrested last year and charged with a felony for not paying a year’s worth of workers’ compensation, which led to the strike by the employees of KHRCC, who lost their health insurance as a result.

Of course Helen did not return calls for comments when the Daily News called her.


Read the article here:

Suit accuses Helen Sieger, ex-chief of Kingsbridge Heights nursing home, of lifting 9M for own use

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4 responses to “Helen Sieger accused of stealing $9 Million Dollars!”

  1. Karen

    Wow ………….$9 million …………it is too much to imagine ………………Great Article, Daily News!

  2. FORMER FIPNA PRESIDENT

    IS ANYONE REALLY SURPRISED ???….. EVERYONE COULD SEE WHAT WAS GOING ON AND HOW THE ONCE BEAUTIFUL,ONCE GREAT PLACE TO LIVE,VISIT AND WORK WAS DETERIORATING UNDER HER ” OWNERSHIP “…..THE HOUSE OF HELLen HAS TRULY FALLEN… AND AT WHAT COST ?????…LET’S HOPE ATTORNEY GENERAL ANDREW CUOMO DOES WHAT NEEDS TO BE DONE AND PUTS HELLen BEHIND BARS WHERE SHE BELONGS…….

  3. Karen

    Now that I am thinking about this, if it is true, who is watching the shop? Why after all the visits and reviews we were told were on going, why didn’t someone see this before?

    If you are missing $10 or $100 or even $1000, it could be explainable, but MILLIONS of DOLLARS? How hard is it to verify what nursing homes spend money on?

    Am I missing something ?????????

  4. Phil

    The funny thing is how much is owed back to the state, the same state that was giving her the money and the same state that was doing these supposed inspections. Maybe there is more to this than just Helen…

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