TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Wednesday, March 29, 2006

The Pain of Accounting

From today's law.com:  Charity's Former Accountant Pleads Guilty to Embezzling Money to Pay Dominatrix:

A charity foundation's former accountant, accused of embezzling heart disease research funds to pay an Ohio dominatrix to beat him, pleaded guilty Tuesday to grand larceny and admitted that he stole more than $237,000. Abraham Alexander, 45, of East Meadow, N.Y., admitted he stole the money from the Cardiovascular Research Foundation between Nov. 2, 2003, and April 20, 2005, by using company credit cards and writing checks to himself....

At least $11,000 stolen by Alexander, who was an accounts payable executive, went to pay Through the Looking Glass, an online company run by Columbus, Ohio-based dominatrix Lady Sage, according to the Manhattan District Attorney Robert Morgenthau's office....

Alexander's lawyer, Herschel Katz, said his client will raise as much of the money as he can by selling his interest in the Long Island house where he lives with his wife, who is divorcing him, and his two children....

Lady Sage says on her Web site she charges $250 an hour for her services and $1,500 for eight hours. She says the client pays her expenses if she has to travel for a meet-and-beat session. On the site, she declares, "Professional domination sessions are about good people having great fun." And, "I love nothing more than coaxing you to accept more pain and torment for my pleasure. I love holding your very soul in my hands."

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