Julia Haart sued for millions, allegedly used company as ‘personal piggy bank’

  • 📰 PageSix
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

The filing, seen by Page Six, also claims that Haart used the company set up to run her clothing line, E1972, as her “personal piggy bank.”

It alleges that she spent approximately $500,000 at Louis Vuitton, $180,000 at Chanel, $140,000 at Dior and more than $500,000 on lavish trips for herself and her family, plus more than $160,000 on makeup and hair-styling services.

The suit added: “In total, Haart used her position as chief executive officer to spend at least $1 million of EWG’s corporate funds on personal and unnecessary expenses without authorization to do so.” Haart has previously said in court papers that she did not take a salary and therefore used company funds, as agreed with Elite World Group chiefs.from an account that she shared with Scaglia, held under the holding company name, Freedom Holding — despite having signed an agreement not to take out more than $250,000.Getty Images for BlogHer

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

not surprised. Her whole family went from rags to riches fast

ThePerezHilton

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 320. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon Sues Two Companies That Allegedly Help Fill the Site With Fake ReviewsThird-party sellers allegedly paid AppSally and Rebatest for reviews, with the hope that it would juice their products' ranking in Amazon search results.
Source: nbcsandiego - 🏆 524. / 51 Read more »

Former Tesla employee suing company over firing, racial discriminationThe lawsuit marks the latest in a string of lawsuits filed by individual employees or regulators against Tesla.
Source: mercnews - 🏆 88. / 68 Read more »

Beaumont plans to sue Netflix, Hulu, and Disney, alleging the companies owe Texas cities moneyBeaumont alleges that the companies owe money to cities across Texas. Very business friendly state heh trump tax cuts for billionaires
Source: HoustonChron - 🏆 609. / 51 Read more »