Ex-Bank CEO: $220,000 Spent at Strip Clubs Was Business Expense
NY Post | 25 Jan 2022 | Ariel ZilberA one-time Swiss banking CEO who is on trial for fraud now says that the nearly $220,000 he spent at strip clubs was a legitimate business expense.
Meanwhile, Swiss prosecutors have also alleged that Vincenz ran up a $4,500 hotel bill that included repairs to the room after he and a stripper he was dating at the time got into a “massive” fight that caused significant damage.
Prosecutors want the 65-year-old Vincenz and his co-defendants to pay restitution totaling $77 million and serve six years in prison.
All seven who have been charged are denying the allegations.
Straight Line of the Day: Other legitimate expenses this CEO could claim:
