Morgan Stanley Staffer Met With Alleged Madam Before Her ArrestPosted by in Blog on March 14, 2012
The Morgan Stanley broker who was meeting with an alleged madam about a business venture just before she was arrested has been placed on administrative leave, OnWallStreet.com reports. David S. Walker had a business meeting with Anna Gristina, a Monroe, New York mother of four accused of running a high-class prostitution ring from an apartment in the Upper East Side of Manhattan.
Charles Linehan, a New York City Assistant District Attorney, told a judge during Gristina’s arraignment that “she had been at the Morgan Stanley banker’s office for a meeting in which she was trying to solicit money to fund what we believe is another illicit venture on the Internet that involves matching male clients with female prostitutes.”
Walker denies any wrongdoing, and an internal Morgan Stanley probe reportedly found no evidence of illegal activity. But Walker did tell a reporter that “many other connections” at the company knew Gristina.
After news broke that Gristina had visited with a Morgan Stanley broker, the company searched its visitor records and discovered that Walker had met with her. He was then placed on leave.
Walker, who has a 20+ year career as a broker, has worked at Morgan Stanley on and off since 1999.
Written by Lisa Swan