- Associated Press - Wednesday, October 1, 2014

PORTLAND, Maine (AP) - 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.

The Portland Press Herald (https://bit.ly/1xCJuIx ) reports 42-year-old Jeffrey Burnham of Arundle, Maine, had pleaded guilty in U.S. District Court in Portland to a felony charge of theft by a bank officer. 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 says he spent the money at strip clubs in Maine, Massachusetts, New York and Florida. He says it was a way to cope with the stress of his job.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More

Click to Hide