Friday, November 12, 2010

Corporate In-House Counsel Busted For Drug Possession


Note to you corporate in-house counsel: Don’t stash your illegal drugs in a safe underneath your desk. Just ask David Baer, the former corporate counsel for Tom Petters. Last year Petters was convicted for fraud, money laundering and conspiracy charges. See here.

That's nice, but what does that have to do with drugs? When the FBI raided the Petters corporate offices they also found cocaine, ecstasy and methamphetamines under Baer's desk. See here.

Hey, you know, life as a corporate attorney can be rather stressful. Some lawyers just like to keep a bottle of scotch in their drawer. But when the corporation is involved in fraud and money laundering then the stress level goes way up. When that happens, it’s good to have the extra strong stuff on hand, like a little coke and meth. But don’t keep it under your desk. Apparently that’s one of the first places the authorities look.

Baer was recently charged with three felony drug possession charges. As Thanksgiving approaches, be thankful you aren’t addicted to illegal substances.

Link Back to SUBSTANCE ABUSE CLE

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