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kingkarl

$3,400,000 on hookers

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http://www.stuff.co.nz/national/crime/3471...-on-prostitutes

A former ASB banker who stole $18 million from customers and blew $3.4 million of it on prostitutes has been sentenced to six years in jail.

Stephen Gerard Versalko, 52, married with three children, lived the high life for nine years after scalping $17,763,110 off 26 wealthy ASB clients.

SFO prosecutor Patrick McCann said Versalko had paid $3.4m to two female Auckland prostitutes over the course of the nine years.

I've done the math, and on average, he was spending $7300 a week for nine years!!!

Makes you wonder how many rich prostitutes must be out there with weekly incomes like that. The guy's a nymph.

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rich prostitutes

I think they like to be referred to as "escorts" lol. But what an A hole. Blowing that much money for those service. Has he not heard of a mistress or an affair before? hell alot cheaper

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At $7,300 dollars a week... thats sex 36 X a week at $200 a pop or 14 X at $500

Whats the average cost?... I wouldn't have a clue ?

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^ Depends how many STDs you want :P

Edited by An E30 Fan

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Whats the average cost?... I wouldn't have a clue ?

Cash or credit? :lol:

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3.4 million between two hookers over nine years?!?!

Atleast he enjoyed it whilst the nine year period lasted I guess.

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Guest Ari Gold

It's easy to speculate when you don't know all the facts <_<

Edited by Ari Gold

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Guest Ari Gold

Just don't like people talking about one of my best mates fathers is all.

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Just don't like people talking about one of my best mates fathers is all.

+1

Know the son. Genuine good fella'

I cringe every time the media brings this up.

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Just don't like people talking about one of my best mates fathers is all.

With all respect to your best mate, who I'm sure is a good bloke, I don't really like people stealing nearly $18 million.

I genuinely feel sorry for his family who have been caught up in this mess, they're obviously suffering a lot from it.

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Guest Ari Gold

I genuinely feel sorry for his family who have been caught up in this mess, they're obviously suffering a lot from it.

That's not the tone of your first post

Edited by Ari Gold

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Irrespective of the speculation as to where the money was spent, the guy is still a crook. If someone breaks into your car, most of you comment that you'd like to break their legs (or similar exaggerated claim of violence). And that's just for a few hundred/thousand dollars worth of damage/theft. Imagine how the victims feel.

The guy's a dirty thief. He's admitted it. The details don't matter with regard to the fact he's still scum and deserves to be treated like it. I feel sorry for his family who it seems had absolutely no clue and who are going to have quite a tumultuous time. The wife must be beside herself.

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I feel for the guy. He stole $18,000,000 from a large bank which was insured and every cent was covered. He will spend years in prison and his name is ruined. In comparison, Mark Hotchin ruined the lives countless people and yet he is sitting pretty in Paratai Drive.

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I don't feel for anyone who steals, nor anyone who cheats on their wife with overpriced hookers for 9 years (if it's true) ... I feel sorry for his family etc ... but if he stole 19 million dollars (regardless of who it was from) he should be stripped of all his assets and/or made to work in a chain gang the rest of his life to pay it back.

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I agree with Olloe ...

Sorry we don't know all the facts but the bottom line is that the guy stole $18m. If the bank is insured, everyone else will have to pay for this crime through higher insurance premiums because insurance companies will have to come up with the money from somewhere to pay the claim.

The guy is a bank robber whether he broke into the vault or did it electronically. He is a criminal. His actions have caused pain for family members but surely they must have noticed that the $15m he siphoned off (apart from the hookers) being spent on toys and property. Didn't they question "dad where does this money come from???"

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According to the highly accurate reporting of the NZ Herald, they did question and he told them he made it trading stocks online.

Just thought I'd mention it before someone took your comments and tried to make a crusade out of them. As you can tell from my previous post I agree with you whole-heartedly.

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That's not[/] the tone if your first post

Why does it matter about the tone of this thread?? At the end of the day the guy is a criminal who has stolen a huge amount of money...maybe he should have thought about what would happen to his friends and family before committing fraud...

Feel sorry for the family, but not for the guy in question!

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At $7,300 dollars a week... thats sex 36 X a week at $200 a pop or 14 X at $500

Whats the average cost?... I wouldn't have a clue ?

wasn't most of that blackmail money?

I'm sure I read that one of the hookers was blackmailing him real bad

if Lisa Lewis' prices are anything to go by, I'm sure it would be very easy to spend that amount of money

I wont post a link to her site because it's R18

her price for one night (7 hours) is $7,000

I think that may be on the rather high side of pricing though (I wouldn't have a clue) ... but I would imagine if someone was willing to spend a few million on hookers that they would get high class high cost hookers

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high class ... hookers

Oxymoron of the day?

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Oxymoron of the day?

Exactly what I was going to say.. cuz having hookers is just so damn classy. daaamn.

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maybe I should have said high class escorts ... oh wait ... back to the oxymoron again lol

Edited by Wom

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