Man admits misspending Missouri company's money on strippers
ST. LOUIS (AP) - An Arizona man accused of misspending his suburban St. Louis company's money on strippers has pleaded guilty to federal charges.
The St. Louis Post-Dispatch (http://bit.ly/256BheQ ) reports that 41-year-old John David Berrett, of Gilbert, Arizona, entered the plea Wednesday in St. Louis to federal charges. Prosecutors said the Internet technology architect for World Wide Technology Inc. cost the Maryland Heights-based company $476,413 in fraudulent expenses.
The indictment says Berrett spent the money on a sex toy and college tuition, flowers, shoes and chocolates for online strippers. At the hearing, Berrett admitted to submitting expense claims totaling more than $10,000 at a time. He also acknowledged that the expenses were for personal items, and that he wasn't allowed personal use of his company credit card.