We have heard some real horror stories regarding people in the financial industry lately. The name “Bernie Madoff” still brings shivers to many people’s spines. Since the discovery of Madoff’s white collar crimes, other such crimes seem to be coming to light. You have read a number of these in this daily Boston Criminal Lawyer Blog.
But a certain former senior vice president from a white-shoe Boston wealth management firm has gained notoriety in a different way.
He is alleged to be a flasher.
Stephen B., 40, (hereinafter, the “Defendant”) was arrested on March 11th for exposing himself to young women and is also being eyed as the flasher dubbed the “campus flasher” who preyed on Wellesley College students, according to the Boston Herald.
According to law enforcement, the Defendant was spotted by campus police while he was fondling his exposed genitals. He was charged with indecent exposure and open and gross lewdness, said Wellesley Police Deputy Chief Bill Brooks. If convicted, the Defendant will have to register as a sex offender.
The Defendant also is being eyed in connection with other lewd acts that prompted a “campus crime alert” last month, two law enforcement officials said.
The so-called “campus flasher” was first spotted exposing himself to students at the start of the fall semester in September. Since then, the he has prompted at least five 911 calls in recent months. He was described by police as a white male with curly blond hair in a campus crime alert released to students last week.
The Defendant has “wavy blond hair,” several sources said.
“We are looking at this guy in connection with other incidents,” a law enforcement source told the Herald. Brooks would only say: “I cannot comment on an ongoing investigation.”
After his first day in court, the Defendant was terminated from his position as a senior vice president at Eaton Vance on March 13. An Eaton Vance spokeswoman said that the Defendant was terminated by the investment management firm, which had $150.9 billion in assets under management when he was hired last May, according to a press release on the Defendant’s hire.
“He is no longer employed here,” Robyn Tice, director of media relations at Eaton Vance, told the Herald. “I cannot comment any further than to say he is no longer an employee.”
The CEO of Eaton Vance, Thomas E. Faust, is a Wellesley College trustee, according to the college’s Web site, so one would imagine this one hit close to home.
Speaking of “home”, the Defendant has now put his sprawling, two-story Colonial one in Wellesley on the market for $1.02 million last week. Records show he purchased it for $1.04 million six months ago.
Yes, good luck with that.
Attorney Sam’s Take:
First of all, of course, there is the stigma. Whether or not the end result is a conviction, people tend to remember the allegation and fear the “fire” that must be there, given the “smoke”. These cases, even the ones many people would regard as less serious, leave a gift that keeps on giving. By this, I refer to the Sex Offender Registry. There are different levels to the registration; sometimes you stay registered for life; sometimes the general public gets warned about your existence and whereabouts on the planet.
Prosecutions for sex offenses can be technical and delicate in the way they must be defended. This means it is often expensive which, of course, is even worse news given this economy in which few people are looking to buy million dollar homes.
Often, people arrested for this particular crime, if guilty, are suffering from a psychological issue that compels them to exhibit their personal endowments to innocent passer-bys. It is generally not treated like an illness by the proescution, however. It is treated like a crime.
In fact, it is a crime.
It is a crime for which people can go to jail.
If you suffer from this issue, get psycological help. If, however, it is a bit late for that and you either are about to be charged or have been charged already, seek help from two sources…a therapist and an experienced criminal defense attorney. After all, you are less likely to attend your therapy sessions if you are in custody.
The full article of this story can be found at http://www.bostonherald.com/news/regional/view/2009_03_21_Ex-exec_eyed_as_campus_flasher/srvc=home&position=also