Ex-CEO blew $445,000 in company money on lavish lifestyle, escorts — even giving
jackslash
Detroit strip clubs
Finally a CEO who is not boring.
"In late 2007, Grimstad and another iPayment employee visited the Spearmint Rhino strip club in Las Vegas, where they “became acquainted with an employee of that establishment who also worked as a personal escort,” papers charge.
Grimstad offered the escort $4,000 for “certain sexual activities,” according to the suit.
The pair established a bond, and Grimstad hired the prostitute as an employee in 2008 “despite lacking any apparent qualifications for the job for which she was hired,” papers read."
http://www.nydailynews.com/new-york/nyc-…
"In late 2007, Grimstad and another iPayment employee visited the Spearmint Rhino strip club in Las Vegas, where they “became acquainted with an employee of that establishment who also worked as a personal escort,” papers charge.
Grimstad offered the escort $4,000 for “certain sexual activities,” according to the suit.
The pair established a bond, and Grimstad hired the prostitute as an employee in 2008 “despite lacking any apparent qualifications for the job for which she was hired,” papers read."
http://www.nydailynews.com/new-york/nyc-…
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9 comments
**the escort and the escort's mother.
Now if it were public, no you cannot do that.
Jim and Artie Mitchell had put their mother on the payroll, as Corporate Astrologer.
www.nydailynews.com/new-york/nyc-crime/e…
Well, someone fired him, and someone filed the lawsuit. So he must not have singular control of the company. And also, one could never get away with doing things quite his way.
SJG