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Man uses his company’s credit card to spend $500,000 on strippers

By Mason White 11:59 AM July 29, 2015
John David Berrett 

By: Mahesh Sarin
(Scroll down for video) A man was arrested on a charge of wire fraud after allegedly using his company’s credit card to spend nearly $500,000 in strippers, police in Arizona said.

40-year-old John David Berrett of Gilbert, was charged with five counts of wire fraud after being accused of stealing $476,000 from World Wide Technology.

Barrett is no longer employed by World Wide Technology.

According to the police investigation, Berrett purchased services from strippers on the Internet, spending on one website nearly $11,000.

He gave tips to strippers about 2,200 times, totaling more than $100,000.

He also was accused of buying gifts for strippers, including chocolates, flowers, shoes, wine, bags, TVs, laptops, iPods, digital pianos and headphones.

Berrett tried to cover up his spending on strippers by saying they had spent the money on traveling to meet, educate and entertain the customers of the company.