• Ford Models chairman accused of plunging company into debt with ‘reckless' spending

    7 days ago - By New York Post

    Josee Neron, a former VP of Operations, says Chairman Gerald Banks spent money in a "frivolous and reckless manner for years" - using company funds to pay for exorbitant executive salaries, redecorate the office with expensive furniture and attend a client's European wedding, according to the affidavit filed in Manhattan Supreme Court last month.
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