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CEOs, Bankers Used Corporate Credit Cards for Sex with $2,000/hr Hookers, Says New York Madam

http://www.abcnews.go.com/Blotter/story?id=6813806&page=1
Wall street lawyers, investment bankers, CEOs and media executives often used corporate credit cards to pay for $2,000 an hour prostitutes, according to the madam who ran one of New York’s biggest and most expensive escort services until it was busted last year. But prosecutors in the Manhattan District Attorney’s office chose not to pursue any of the corporate titans, says Kristin Davis, who pleaded guilty last year to charges of running a prostitution business that used more than a hundred women. “They showed no interest,” said Davis in an interview for broadcast Friday on the ABC News program 20/20. “Some of these guys, I was invoicing on corporate credit cards,” she said. “I was writing up monthly bills for computer consulting, construction expenses, all of these things, I was invoicing them monthly so they could get it by their accountants,” Davis said.
…I wouldn’t be surprised if this madam becomes “despondent” and winds up “hanging herself” like the DC madam.

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February 7, 2009 - Posted by | Financial High Treason

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