Straight Line of the Day: Other Legitimate Expenses This CEO Could Claim:

Ex-Bank CEO: $220,000 Spent at Strip Clubs Was Business Expense
NY Post | 25 Jan 2022 | Ariel Zilber

A 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:

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