Greg Calvino, a 45 year old trader formerly with RBC (and now with Thomas Weisel) is fighting with his ex-girlfriend, Elisa Kwon, in court over a $100,000 check he wrote to her early in their relationship that she cashed because she says he broke a no drugs, strippers and hookers promise that he made to her. She says that he agreed that she could cash the check if he misbehaved. He filed suit in July alleging extortion, looking to get his money back along with interest and damages. He claims to have written the large check to protect his career and reputation, and that she cashed it for no reason. But according to Kwon there are instant messages where Calvino admitted to going to Flashdancers and he failed a drugstore drug test showing that he partook of the white stuff:
Calvino claims Kwon had threatened to go to
his bosses at RBC Capital Markets, where he was a stock trader at the time of
the intemperate night out, and make up tales of drug use "with strippers
and whores." He claims he wrote the $100,000 check to protect his career
and reputation, and that she cashed it for no apparent reason.But Kwon, in a motion to dismiss filed on Sept. 20, said Calvino’s drug use and
wild ways with women entitled her to the money. She said she cashed the check in
November 2005, after he went out with fellow RBC traders to ogle the girls at
Flashdancers and do cocaine that March.What’s more, he failed a store-bought drug test of his urine, she claims.
In an affidavit, Kwon attached what she claims is the text of a long
instant-message conversation she had with Calvino in which he appears to cop to
doing drugs and visiting strip clubs and tells her to keep the cash.After initially writing that he was "sorry I was irresponsible last night -
but I didn’t do the bad stuff," and that he was not "stupid enough to
jeopardize our future," Calvino explains he was only "drunk/bombed
[on] Jack [Daniels]," according to the text transcript.Kwon reminds him of the "$25 Rite-Aid" test – "it’s
POSITIVE."Calvino then appears to blame one of his trading buddies: "He put it in my
face."Later in the instant-message exchange, Calvino confesses to going to
Flashdancers after a charity event with four colleagues, the text shows
Ex is Hit With 100G ‘Sin Tax’ – New York Post’
Tags: Culture, Drugs, Hookers, investment banking, Lawsuit
