Prosecutors say ex-DHB chief spent company funds on prostitutes, porn
Photo credit: Howard Schnapp | David Brooks, the founder and former chief executive of DHB Industries, Inc., has pleaded not guilty of falsely inflating the value of the inventory of the company’s top product to help meet profit margin projections. (Jan. 18, 2008)
A $101,000 jewel-studded belt buckle in the shape of an American flag was not the only unconventional and illegal purchase by the former head of a Westbury-based body armor company, federal prosecutors now say.
Prosecutors say David Brooks of Manhattan also used company funds illegally to pay for prostitutes for himself and several members of the board of the company he ran, DHB Industries,...
