Goldman Sachs Vice President Arrested for Soliciting 15-Year-Old Girl
A Goldman Sachs Group Inc. compliance lawyer was formally charged in New York state court after being arrested for allegedly soliciting what he thought was a 15-year- old girl, prosecutors said.
Todd Genger, 33, is accused of attempted dissemination of indecent material to a minor, Westchester County District Attorney Janet DiFiore said in a statement today after Genger’s court appearance. Pr
More..osecutors identified Genger as a Goldman attorney. Goldman spokeswoman Andrea Raphael, who declined to comment on the arrest, said he worked in the compliance unit and didn’t have legal duties.
From April until June, an investigator from DiFiore’s office posed online as a 15-year-old girl and chatted with Genger, DiFiore said.
“The defendant discussed specific sexual acts in which he would engage the underage ‘girl,’” DiFiore said. “The defendant admitted to having the online conversations.”
Genger, a vice president in the compliance division who worked at Goldman since 2006, was released on his own recognizance and must return to court on Aug. 11. He faces a maximum of four years in state prison if convicted, the prosecutor said.
Compliance Professionals
Goldman’s global compliance unit has more than 500 professionals including lawyers, accountants, financial analysts, information technology specialists, regulators, management consultants, sales professionals and traders, according to Goldman’s Web site.
The unit “advises and assists the firm’s businesses to ensure compliance with applicable laws, rules and regulations” and includes groups that manage regulatory affairs, services and resources related to all businesses and employees of the firm globally. They advise, test, survey and manage the firm’s activities, according to the Web site.
Defense attorney Stephen Pittari, of the Legal Aid Society of Westchester County, didn’t immediately return a call. Genger’s phone number wasn’t listed.
Raphael declined to disclose Genger’s salary.
To contact the reporters on this story: David Glovin in New York federal court at dglovin@bloomberg.net. Less..
Added: Jul 29 2009 In: news_politics
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