Meet John Havens, the ex-Citigroup president who was charged in the Florida prostitution bust
John Havens' name was on a list of 25 men released by the Jupiter, Florida police department on Friday, accused of soliciting prostitution.
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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