Bank exec jailed after racking up $240k bill using company credit card

Credit Card Chip Nimalan Tharmalingam

Champagne and lap dances at adult clubs to ease stress from work .

A former TD Bank executive who used a company credit card to buy $240,000 in champagne and lap dances at strip clubs to ease his stress from work has been sentenced to 18 months in prison.

The Daily Mail reports that Jeffrey Burnham, 42, of Arundle, Maine, had pleaded guilty in U.S. District Court in Portland to a felony charge of theft by a bank officer.

He used the credit card to buy $1,000 bottles of Champagne and $750 lap dances.

Burnham was also sentenced on Wednesday to three years of supervised release and ordered to pay back $240,514.54.

According to court documents, Burnham used the card 72 times at strip clubs in Maine, Massachusetts, New York and Florida from February 2011 until February 2012, when he left the company.

Hit the link below to access the complete Daily Mail article:

Bank executive who charged $240,000 of champagne and lap dances on his corporate card jailed for 18 months

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