Posted on 10/25/2005 3:12:07 PM PDT by varyouga
CEO disputes $241K tab at topless club Attorney says charges were fraudulent
NEW YORK (AP) -- American Express is suing the CEO of a communications company for payment of $241,000 worth of disputed credit card charges at a Manhattan topless club.
American Express says in papers filed in state court that Savvis Inc. chief executive officer Robert A. McCormick was in the club Scores in October 2003 with at least three other men.
After McCormick got the $241,000 corporate credit card bill, Savvis called American Express and complained that some of the charges were fraudulent, the lawsuit says. The communications company said its chief disputed all but about $20,000, according to the lawsuit.
"We firmly believe that Mr. McCormick was the victim of fraud," said Deena Williamson, Savvis's deputy general counsel. She declined to comment further.
Lonnie Hanover, a Scores spokesman, said he had not talked to all of the employees involved with McCormick and could not say what the CEO purchased.
The lawsuit filed Wednesday against McCormick and Savvis is at least the third in the past two years involving contested credit card charges at Scores. One patron sued the club after he got a $28,000 bill and another disputed $129,000 in charges.
(Excerpt) Read more at cnn.com ...
I know my little honey would be glad to hear I only spent $20,000 this way
Exactly, how do you spend even $20k in one night at one of these joints.
A drop in the bucket to some, not for me but some...
really good soda pop.
Man, that must have been some lap dance! Did they rent the place out for the night?!
Monday October 24, 10:20 pm ET
Savvis Places CEO on Unpaid Leave Following Lawsuit Over Unpaid Strip Club Bill
NEW YORK (AP) -- Savvis Inc. placed its chief executive on an unpaid leave of absence Monday while it investigates the nonpayment of charges incurred on a corporate credit card at a Manhatttan topless club.
Last week, American Express Co.'s Travel Related Services sued Savvis and CEO Robert A. McCormick, claiming that the executive charged $241,000 in 2003 at Scores, a Manhattan gentlemen's club.
The company said earlier Monday that McCormick did not submit the charges in question for reimbursement and that Savvis has not made any payment to American Express related to the charges.
McCormick is refusing to pay the charges, alleging that Scores inflated the bill fraudulently. According to the lawsuit, Scores has been paid in full, while neither Savvis nor McCormick has paid any of the charges. Failure to pay is a violation of the American Express corporate credit card agreement, court papers say.
Savvis said President and Chief Operating Officer Jack M. Finlayson was appointed as the company's acting CEO.
In its release Monday, Savvis also said it won't comment further on the matter until the investigation is complete. The company, based in suburban St. Louis, provides information technology services.
NOTE: SVVS ( nasdaq ) Closed at .66 cents today....
The guy should not be a CEO. He obviously has no concept of getting the most bang for his buck. What a moron for spending 20k in a strip club.What p*ss poor investing.
Wonder what the Vigra bill was?
This might be a clue.
...it's called Budeyes,the first $36.00 is for 12 beers,after that ya know,the twenties look like ones, the fives look like bar napkins,and the 22 guys all around the bar look like your cousins
Doogle
Heh, heh...
That's a lot of one dollar bills.
Clip joint, perhaps.
/pant (yes P-a-n-t)
From the article...
After a lawsuit last year, Hanover said that "high rollers" visiting Scores' "super elite Presidents' Club" spend thousands of dollars on single bottles of champagne and tip strippers as much as $10,000 for lap dances and for spending time with them.
Well, any CEO spending 20 grand in a strip joint is an idiot. But it does seem that this club has a long record of overcharging customers. Almost a quarter of a million? For what? Where they selling the girls as slaves? Serving baby pandas as snacks? Pouring out wine found in the Valley of the Kings? Cloning Mata Hari and getting her to dance?
I'm guessing that most clients, once they sober up, just pay up out of embarrassment. Still, I'm surprised that a strip joint doing this type of stuff would get any repeat business or that word of mouth wouldn't kill them.
God bless you and your wife of 34 years! (chortle)
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