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

A previous TD Bank official who utilized a organization credit card to purchase $240,000 in Champagne what’s more, lap moves at strip clubs to ease his stretch from work has been condemned to 18 months in prison.
Jeffrey Burnham, 42, of Arundle, Maine, had argued liable in U.S. Region Court in Portland to a lawful offense charge of robbery by a bank officer.
He utilized the credit card to purchase $1,000 bottles of Champagne what’s more, $750 lap dances.
Married father-of-three Burnham was too condemned on Wednesday to three a long time of managed discharge what’s more, requested to pay back $240,514.54.
According to court documents, Burnham utilized the card 72 times at strip clubs in Maine, Massachusetts, New York what’s more, Florida from February 2011 until February 2012, at the point when he cleared out the company.
Burnham was a bad habit president what’s more, territorial contract deals supervisor in the bank’s Falmouth office at the time, reports The Portland Press Herald.
Burnham guaranteed the spending was a way to adapt with the push of his job, which included having to fire subordinates who did not meet deals goals.
His lawyer had inquired that he be condemned to house capture so he could proceed being the essential mind supplier for his three youthful youngsters while his spouse works.
Judge George Singal addressed Burnham’s remorse, taking note of that indeed after TD Bank had stood up to Burnham about individual utilize of the credit card what’s more, after he had been told he was the target of an FBI test what’s more, likely prosecution, Burnham still spent thousands on the credit card from his new boss at strip clubs.
Burnham said he kept the looming examination mystery from his family what’s more, did not trust in anyone. 
He said that last month of his life earlier to his starting booked appearance in government court was a ‘blur’ what’s more, he recalls little about it. 
He said that on the day he was to begin with gathered to report to court a year ago, he attempted to take his possess life yet that he has been experiencing treatment reliably since then.
Burnham cleared out TD in February 2012 after 14 a long time with the bank what’s more, went to work for Kennebunk Reserve funds Bank, where he was advanced to senior bad habit president of retail keeping money last year.
A press discharge reporting Burham’s profession move depicted him as a graduate of the College of Maine at Farmington who served on the Arundel Diversion what’s more, Financial Advancement committees.
According to an sworn statement composed by FBI operator Paul Pritchard, the previous broker utilized his TD-issued credit card to charge almost $11,000 on December 2, 2011, at a organization that works Centerfolds strip club in Boston.
His other grown-up diversion setting of decision was PT’s Appear club in Portland, expressed the affidavit. He professedly spent $35,000 at Centerfolds what’s more, PT’s club in less than a month.
Burnham’s asserted budgetary impropriety was revealed in February 2012 – in no time after his flight from TD – at the point when another bank worker opened his corporate credit card articulation what’s more, taken note a few suspicious charges.
When stood up to about the costs by TD investigators, he conceded to misusing corporate funds.
In Walk 2013, Burnham was addressed by FBI about his utilize of the corporate credit card, at which time he once once more admitted to wrongdoing.
 

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