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Meet John Havens, the ex-Citigroup president who was charged in the Florida prostitution bust

Feb 24, 2019, 02:17 IST

Robert Galbraith/Reuters

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  • John Havens, the former president and chief operating officer of Citigroup, was among those charged in a huge prostitution sting in Florida on Friday.
  • Havens, among 24 other charged men, was arrested after allegedly paying for sexual services at numerous locations, including Orchids of Asia Day Spa in Jupiter, Florida.
  • Haven was Citigroup's president in 2011, but resigned from the position a year later
  • Haven was among at least three power players that were arrested in the bust, which also swept of Patriot's owner Robert Kraft, and founder of private equity firm J.W. Childs Associates, John Childs.
  • Here's what you need to know about ex-Citigroup president and COO John Havens.

John Havens' name was on a list of 25 men released by the Jupiter, Florida police department on Friday, accused of soliciting prostitution.

Source: CBS 12

Havens served as Citigroup's president and chief operating officer, but only held the position for a year. He is currently the chairman of Citigroup's former hedge-fund division, Napier Park Global Capital.

Source: Bloomberg

Havens came to Citigroup in 2007, when the bank bought the hedge fund he founded with Vikram Pandit. Pandit would go on to serve as the CEO of the bank.

The pair, who met during their days at Morgan Stanley, helped the bank survive the financial crisis of 2008.

Havens resigned from his position as president and COO of the bank on the day that Pandit quit in 2012, while under pressure from the board.

Source: Bloomberg

While Havens lives in New York, public records show that he has several properties in Florida, including one in Jupiter not too far from the day spa at the center of the prostitution probe.

Source: Bloomberg

New England Patriots owner Robert Kraft is the most famous person to be arrested in the bust so far — but that may change soon.

ESPN's Adam Schefter said Friday that he was told that Kraft "is not the biggest name involved" in the bust.

Those charged in the bust will likely be able to avoid jail time if they are first-time offenders, for which their is a diversion program that includes 100 hours of community service, a former prosecutor told the AP

Source: NBC Sports

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