You know all those bonuses that people on Wall Street received from the fraud that was perpetrated on you? Well this is how they were spending your money…

Prostitution ring for Wall Street clients busted

(Reuters) – Seventeen people were indicted on Wednesday on charges of running a high-end prostitution ring that catered to Wall Street clients who often spent more than $10,000 in a night, authorities said.

The ring pulled in more than $7 million over three years, Brooklyn District Attorney Charles Hynes said at a news conference.

“The business of high-end prostitution is enormously profitable,” Hynes said.

The prostitution service, named High Class NY, was run 24 hours a day out of an office in Brooklyn and charged from $400 to $3,600 an hour for its services, according to the 144-count indictment. It also provided customers with cocaine and other narcotics, the indictment said.

Hynes said clients often spent in excess of $10,000 in a single night.

They were “all high-end customers coming from the financial markets. People with nothing but money,” he said.

You can check out the rest here…

Can’t wait to see the client list…

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4closureFraud.org