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Banker spends near $3million on single hooker

In: News

Posted By: Alfred K at 1:54 am

19 Mar 2010

A prostitute has walked away with $2.5 million spent by a banker stealing clients’ money to fuel an extravagant lifestyle of sex, booze and luxury property.

Stephen Gerard Versalko, 52, married with three children, lived the high life for nine years after siphoning $17,763,110.19 off 30 wealthy clients from ASB Bank, where he worked.

Outside of buying property, his biggest spend was on sex – including $3.34m on just two Auckland prostitutes with whom he had long-term relationships.

One received $2.5m, the other $791,181. The Serious Fraud Office said both women also say they received further “large cash payments” estimated at $800,000.

Boy, weren’t the 00′s just a time for bankers all over the globe? Ooof! ABS Bank just got punched in the stomach!

I think this post ties in very well with the theme of South Park’s Tiger Woods episode, which was as usual right on point.

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