Ex-Ceo Blew Company Funds on Escort, Lavish Lifestyle: Lawsuit
The former CEO of a payment processing company had a taste for strip clubs and high-priced escorts — and was so enamored with one of the women he gave her and her mother jobs, a lawsuit charges. The company, iPayment, alleges in the lawsuit that Carl Grimstad expensed frequent golf outings, visits to jiggle joints and shopping sprees for his wife — running up a tab of about $445,000. The …