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CEOs, Bankers Used Corporate Credit Cards for Sex, Says New York Madam

Wall Street Exposed as Convicted Escort Boss Reveals Client List of 9,800

Treatment Not Fair, Madam Says

In a plea arrangement, Davis pleaded guilty to promoting prostitution and was sentenced to three-months time served. She forfeited about $500,000 in profits as part of the deal, according to court documents.

Click here to read the documents.

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"I, as the proprietor of a business get arrested and lose everything, when no one that was frequenting my business, spending $200,000, $300,000 a year, has been punished in any way or even looked into."

Patricia Pileggi, a defense attorney who has represented a Madam, said that targeting the Madam and not the clients does nothing to deter prostitution.

"The DA's office has some ability to prosecute the clients," said Pileggi. "If there's a real interest in deterring this kind of conduct you don't simply target the Madam, you make an effort to target the clients as well."

Pileggi added that there is a provision for the different degrees of culpability in the NY statutes: "[Davis] was prosecuted for a felony and the clients would be guilty of misdemeanors."

She says she has not yet decided whether to release the full client list to the public.

Kate McCarthy and Andrew Sullivan contributed to this report.

Click Here for the Investigative Homepage.

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