Hedge Fund Madam Gets Two Years For Drug-Dealing

Oct 2 2014 | 6:59am ET

Kristin Davis has held many titles during an eclectic career: hedge-fund administrator, prostitution maven, gubernatorial and New York City comptroller candidate. Now, she’s adding another line to her résumé, albeit a highly questionable one: prisoner.

Davis was sentenced to two years in prison for selling prescription drugs to a drug dealer working with the Federal Bureau of Investigation. She was arrested last summer, during her comptroller campaign, and pleaded guilty in March.

Davis, who had faced up to five years in prison but who hoped to avoid it, said she began dealing drugs after a four-month stint in prison following her previous arrest on prostitution charges—her clients allegedly included former New York Gov. Eliot Spitzer, who also ran for comptroller last year. “One hour inside of Rikers in solitary confinement was hell,” Davis said. “I came out of four months in solitary with a lot of issues.”

Judge Edgardo Ramos wasn’t interested.

“The fact of the matter is you should not be standing here,” he said. “You know better. You involved yourself in this for no apparent reason but greed.”

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