Thursday, October 9, 2014

TD Bank $tripped Bare by Burnham

All for a good night out:

"Former TD Bank executive used funds on strippers" AP   October 02, 2014

PORTLAND, Maine — A former TD Bank executive who used a company credit card to buy $240,000 in champagne and lap dances at strip clubs to ease his stress from work has been sentenced to 18 months in prison.

Jeffrey Burnham, 42, of Arundle, Maine, had pleaded guilty in US District Court in Portland to a felony charge of theft by a bank officer, the Portland Press Herald reported. He used the credit card to buy $1,000 bottles of Champagne and $750 lap dances.

Burnham was also sentenced Wednesday to three years of supervised release and ordered to pay back $240,514.54.

Burnham said he spent the money at strip clubs in Maine, Massachusetts, New York, and Florida. He said it was a way to cope with the stress of his job. 

That's the best the banker can come up with? 

How pathetic.

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