PHILADELPHIA ( Reuters ) - Roosevelt Hairston Jr. , former executive vice president and general counsel for Children's Hospital of Philadelphia , pleaded guilty on Wednesday to embezzling $1.7 million from the institution, officials said. U.S. Attorney Zane David Memeger said Hairston, 46, of Malvern, a Philadelphia suburb, allegedly stole the money to lead a lavish lifestyle of expensive automobiles, a yacht with staff and real estate holdings. He faces five to seven years in federal prison...
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