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Firm That Handles Trump Social Media Accounts Accuse Co-Founder of Embezzlement
The complaint says Utley used company funds for casino gambling, luxury purchases and transfers to related entities, while banks closed accounts over suspicious activity.
Summary by washingtonsun.com
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The IndependentReposted by 
The Independent (US)
The Independent (US)Firm behind Trump social media accounts sues co-founder over $3m in gambling losses
Derek Utley, formerly the chair and CFO of X Strategies, is accused of funding a lavish lifestyle and fueling a gambling addiction with money embezzled from the company
·London, United Kingdom
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X Strategies sues former partner Derek Utley, alleging $5 million theft and millions gambled at South Florida casino
WEST PALM BEACH, Fla. — X Strategies LLC, the Palm Beach County social media firm led by Trump adviser Alex Bruesewitz, has sued its former chairman and chief financial officer, Derek Utley, alleging he embezzled at least $5 million and used tens of millions of company dollars for gambling at a South Florida casino. The… The post X Strategies sues former partner Derek Utley, alleging $5 million theft and millions gambled at South Florida casino …
Coverage Details
Total News Sources4
Leaning Left3Leaning Right1Center0Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
R 25%
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