Skip Nav
Budget Tips
10 Things You Should Buy at Target
Self Improvement
39 Powerful Quotes That Will Change the Way You Live and Think
Budget Tips
30 Wedding Favors You Won't Believe Cost Under $1

Eliot Spitzer Prostitution Scandal

Money Talks: The Spitzer Prostitution Scandal

If you've been getting your daily dose of news from CitizenSugar or glanced at any other news source in the past 24 hours, you'd know that New York Governor Eliot Spitzer has gotten himself into a bit of a mess. The onetime Sheriff of Wall Street has been implicated in what's being called a sex ring and prostitution scandal. He wasn't caught in an actual tawdry act and there was no barging into the bedroom scene or anything like that. We all know that money talks, and money is exactly what let the scandal out of the bag.

Suspicious money transfers led a bank to alert the IRS. The bank's action was in line with federal law, which says they're required to report to the IRS transactions totaling $5,000 or more if the transactions "involve potential money laundering or a violation of the Bank Secrecy Act." When the IRS found out that the accounts were connected to Spitzer they got the FBI involved. Why did he need to hide a large amount money? It's simple — the Emperors Club prostitution ring he was involved with charged between $1,000 and $5,500 an hour for its services.

Source

Around The Web
Join The Conversation
terryt18 terryt18 8 years
Sex as a commodity, eh? I'm off to find a willing buyer.
SugarCat SugarCat 8 years
The Daily Show was hilarious last night thanks in part to this.
SkinnyMarie SkinnyMarie 8 years
I know that what Spitzie did was illegal, but our nation needs to butt out of our politicians private lives. I love how it came out that he has spent over $80,000 on girls. Bad news...but funny.
SkinnyMarie SkinnyMarie 8 years
I know that what Spitzie did was illegal, but our nation needs to butt out of our politicians private lives. I love how it came out that he has spent over $80,000 on girls. Bad news...but funny.
krys786 krys786 8 years
WOW...I could not disagree more with you, clarient...sex is NOT a commodity in my opinion...it's a sacred act for married people! I do respect your well written argument though :)
Best Things in Life That Money Can't Buy
How Much Does Rent Cost in America?
What's the Difference Between a Debit Card and Credit Card?
Chinese Lottery Winner Dressed as Baymax From Big Hero 6
How Much Money Does Gordon Ramsay Make?
TripAdvisor Airline Reviews
6 Finance Tips Rita Moreno Wants You to Know

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

From Our Partners
Latest Career & Money
X