6/20/2012
The former chief financial officer of Pearl Jam's management company is accused of stealing $380,000 from the band and its management during a four-year period before he was fired in September 2010. According to the Seattle Post-Intelligencer, prosecutors have charged 54-year-old Rickey Charles Goodrich with 33 counts of theft, claiming that the money stolen from the band plus investigative costs have brought the total cost to Curtis Management to $566,000.
- Curtis Management president Kelly Curtis, who has managed the band since the beginning of its career, said in a statement, "We are deeply saddened by this situation," adding that he is "looking forward to a resolution."
- Goodrich is expected to appear on June 28th in a Seattle courtroom to enter his initial plea. He had admitted to owing hundreds of thousands of dollars to the band's management company.
- Prosecutors claim that Goodrich took money from company accounts to pay debts incurred by him and his wife, and also used band credit cards to pay for items such as personal purchases and family vacations.
- Goodrich was hired in 2005 as a tour accountant for Pearl Jam, joining Curtis Management a year later and eventually becoming chief financial officer. But Kelly Curtis became concerned about Goodrich's management of various funds, and conducted a review of "cash flow issues" that began cropping up by 2009.
WHAT DO YOU THINK??
- Do you think if you had a job like financial officer for Pearl Jam, you would go ahead and screw it up like this?
- Have you ever been in a work situation where you had access to large sums of money? Were you ever tempted by it? C'mon, tell the truth...
INTERNET COMMENTS at SeattlePI.com -- agree or not?
Cap Aqu wrote: "All humans are corruptible when it comes to money, you will kill your own kid for a price. You say you would never do that, but when it comes to money you will stop at nothing to get it."
Shawna Lit wrote: "Money is a fleeting thing. If you put everything into money then you are a very shallow and empty person."
Donny Stancato wrote: "who cares, like they missed the money."
Read more at Loudwire, Ultimate Classic Rock, Classic Rock, Spinner and Rolling Stone
|