A former University Medical Center executive has been charged with mail fraud.

Greg Bruce has been charged with one count of mail fraud by federal prosecutors for an alleged incident that took place in January of 2011.

Prosecutors say that Bruce, who was UMC’s vice president of corporate services, sent the hospital an invoice for just over $9,700 from fake company B.R. Media Monitoring.

The prosecutors allege that the hospital sent a check to the company, which reportedly went to a post office box controlled by Bruce.

Bruce resigned the position in December of 2011.

UMC released a statement Monday afternoon, saying “In November 2011, it was determined that Mr. Bruce may have embezzled funds from the health system over a period of several years…UMC identified approximately $735,000 that Mr. Bruce is believed to have embezzled.”

Bruce has only been charged with mail fraud as of Monday, June 3rd, 2013.

If he is found guilty, Bruce will face up to 20 years in prison and a $250,000 fine.

Bruce has released a statement regarding the charge.

Shortly before Christmas 2011, I informed my employers at UMC I had made serious mistakes and took funds which were not mine, I resigned and voluntarily notified the US Department of Justice and Federal Bureau of Investigation about these actions.  
I continue to fully cooperate with the Justice Department and FBI in their investigation, as I have since the beginning.
While I have disappointed many, I hope through full cooperation and candor with the Justice Department and others, I can begin repairing the damage I have caused.