ELITE WORLD GROUP FILES NEW SUIT IN DELAWARE, ALLEGING FORMER CEO JULIA HAART EMBEZZLED MILLIONS DURING TENURE

Haart “boasted that her ‘mantra’ is the phrase, ‘faux it until you make it,’” EWG counsel Lanny J. Davis mentioned of the criticism. “A lifetime of ‘faking it’— that’s, mendacity and stealing — could have labored for Haart earlier than, but it surely can’t work for her in courtroom.  Her time has run out.”

NEW YORK, June 13, 2022 /PRNewswire/ — Elite World Group, LLC (EWG), the world’s first expertise media firm, simply filed a criticism in Delaware claiming former CEO Julia Haart stole thousands and thousands of company property for her personal private indulgences, after which lied to attempt to cowl it up.

The criticism filed within the Court docket of Chancery of the State of Delaware by plaintiffs EWG and its subsidiary E1972, Inc., alleges that defendant Julia Haart repeatedly abused her trusted place for self-enrichment, stealing thousands and thousands of company funds.

Haart used her positions to entry thousands and thousands of {dollars} in EWG and E1972 property, together with:

• $1 million in a single yr on garments, equipment and make-up for herself.
• Greater than $500,000 on lavish journeys for her and her household.
• $500,000 to repay her private American Categorical bank card.
• A whole lot of 1000’s of {dollars} for authorized companies rendered to her personally, together with $50,000 for a divorce lawyer.
• A whole lot of 1000’s of {dollars} on her kids, together with tuition for and a donation to her son’s faculty.
• $160,000 for beauty surgical procedures.
• 1000’s of {dollars} on amusement park tickets and airport automotive companies for her kids.

Haart would cost these bills to the EWG company bank card or ask to be reimbursed by EWG for purchases made on her private bank card. Haart went as far as to assert purchases have been investments in her “private picture” and model. Such private bills weren’t licensed by both the boards of EWG or E1972.

“Whereas the extent of her unauthorized spending remains to be being unearthed,” the criticism reads, “it’s clear that Haart’s self-importance and disrespect for her fiduciary duties induced her to spend thousands and thousands of {dollars} of cash that was not hers, solely to feed her private self-aggrandizement… Haart by no means cared about rising EWG or E1972… Julia Haart’s solely curiosity was Julia Haart.”

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SOURCE Lanny Davis