Author Topic: Real estate CEO admits he stole $1.6M to pay for coke and strippers  (Read 830 times)

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Offline EC

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A Manhattan real-estate executive pleaded guilty Tuesday to stealing $1.6 million from his company to pay for cocaine and strip-club binges.

Rockie Gajwani, the former CEO of Trevi Retail, copped to one count of wire fraud and three counts of tax evasion in Manhattan federal court.

Gajwani wrote himself checks and wired himself company funds for nonbusiness expenses, including cocaine-fueled trips to strip clubs, federal officials have said.

To cover his tracks, he solicited help from an employee.

More: http://nypost.com/2017/05/23/real-estate-ceo-admits-he-stole-1-6m-to-pay-for-coke-and-strippers/
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Offline rodamala

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Well, if you are going to embezzle 1.6 million Dollars from your own company... it may as well be for liquor, coke, and whores for your own personal consumption...

Lest it go to Washington D.C. as taxes so that congress can spend it on their liquor, coke, and whores entitlement.
« Last Edit: May 25, 2017, 06:56:11 pm by rodamala »

Offline dfwgator

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And the rest of the money he just wasted.

Offline andy58-in-nh

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And the rest of the money he just wasted.
:silly:
« Last Edit: May 25, 2017, 07:13:06 pm by andy58-in-nh »
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Offline Suppressed

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So, the guy was accused of stealing more than $2 million.  Is he admitting to stealing only $1.6 million, or that only that much went to those vices?  :laugh:
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Offline Frank Cannon

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Real estate CEO admits he stole $1.6M to pay for coke and strippers

That's an action packed weekend he had.