
David H. Brooks, a former contractor who supplied the military with body armor, was found guilty today on 17 counts, including fraud and insider trading, after allegedly stealing millions of dollars from his company and bilking his shareholders.
Prosecutors say Brooks used corporate funds from his company, DHB Industries, to fund a conspicuously lavish lifestyle, complete with luxury cars, thoroughbred racehorses, plastic surgery for his wife, prostitutes for his employees, a $10 million bat mitzvah for his daughter and a $100,000 diamond, sapphire and ruby-encrusted belt buckle in the shape of the American flag.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (2)Last night, Stephen Colbert named military contractor David H. Brooks his "Alpha Dog Of The Week," after Brooks allegedly used company funds to pay for personal expenses, including a $100,000 ruby-encrusted American flag belt buckle which Colbert said "makes it a patriotic duty to salute his crotch."
Colbert added that Brooks also used the funds to pay for a face-lift for his wife, and pornographic videos for his son. "Although i seriously doubt his son will ever see anything more pornographic than his father f*cking over our troops to buy a face-lift for his mother," he said.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (5)The former head of a military contractor is on trial in Long Island for fraud, having allegedly used company funds to buy porn for his son, a burial plot for his mother, prostitutes for his employees and a ruby-encrusted American flag belt buckle worth $100,000.
David H. Brooks, the founder and former chief of body armor manufacturer DHB, is facing charges of fraud, insider trading and using millions of dollars in corporate cash to fund, as the New York Times puts it, "personal extravagance."
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (3)
