Hedge Fund Millionaires Among Manhattan Madam's Clients

Mar 7 2012 | 2:04pm ET

A New York City woman accused of running a brothel boasted a client list full of "hedge funders" and other millionaires and billionaires.

Anna Gristina spent 15 years as a madam on the Upper Easy Side, prosecutors allege, catering only to those with at least $1 million in the bank. Some had much more, according to the New York Post, which reports that her clients included "two billionaires."

Gristina was ordered held on $2 million bail yesterday after prosecutors said that a co-conspirator remained on the lam. They allege that she ran her prostitution business from her suburban Monroe, N.Y., home to stay close to her four children.

"She hated coming to the city," a source told the Post.

It is unclear whether prosecutors have any hedge-fund linked client names, or whether they'll emerge publicly. Gristina's lawyer said yesterday that, "as far as I'm concerned," his client's black-book "doesn't exist," and that he hasn't asked Gristina about it.

Gristina, a Scottish native, was known as "Anna Scotland" in the business and originally operated from an office near Herald Square. In 2008, after New York Gov. Eliot Spitzer resigned amidst a prostitution scandal, Gristina launched a legitimate online dating service—but continue to arrange less-legal hookups, as well.

She may have had some high-powered financial help for the online service: Morgan Stanley is searching its visitor records to see which of its employees Gristina met with before her arrest last month.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...