Thursday, 8 October 2015
Last updated 11 min ago
Jan 9 2012 | 2:13pm ET
An allegedly shady foreign exchange trader and his girlfriend—the sister of a major player in the Galleon Group insider-trading case—was robbed to the tune of $170,000 by an assistant with some unusual employment duties.
Helen Kapoutsos was arrested last month in Massachusetts and extradited to Connecticut, where she faces charges of embezzling $170,000 from her employer, a New Canaan trader. But Kapoutsos, who admits to writing the checks to herself and using the credit cards, says that her employer signed off on the payments, which included $2,000 for each night she spent at his house—to have sex with both him and his fiancée.
The trader is not identified in court documents. But freelance reporter Teri Buhl has learned that it is Mitchell Vazquez, who's run into trouble with regulators a handful of times. What's more, his fiancée is Pamela Mercedes Chiesi, the ex-wife of IBM executive Jack Santoni and the sister of Raj Rajaratnam co-conspirator Danielle Chiesi.
According to the police, Vazquez did not initially own up to the threesomes, but did admit that he and Chiesi had sex with Kapoutsos, although not as often as she claimed, and not for money. Of course, it might not come as a surprise, given Kapoutsos' recruitment.
Rather than turning his finances over to an accounting professional or experienced personal assistant, Vazquez handed them to Kapoutsos, who he met at a New York strip club and who is an admitted escort.
Kapoutsos, who has been in custody after she failed to post $250,000 bail last month, will be back in court on Jan. 27.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…