One amusing byproduct of the financial meltdown will be endless stories of the pathetic and tasteless ways in which various crooks spent their ill-begotten gains. You may have already heard of Bernie Madoff’s attempt to mail his family a million dollars in jewels yesterday. Here’s another that happened a little while ago: a financial rep with Ameriprise who blew 200K on Russian women.
One complaint against Shane A. Selewach, formerly in the Boston office of Ameriprise, alleged that he stole more than $200,000, mostly from older clients, and used that money for personal expenses.
Those expenses included several charges for a dating service touting itself as “the fastest way to meet thousands of Russian ladies.” It also included several charges at a florist in Moscow as well as thousands of dollars in restaurant and hotel tabs in Kiev, Ukraine and Moscow, as well as other locations in Russia and Ukraine.
Expect a lot more stories like this one over the next year.