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Woman who sued Caxton-Iseman exec indicted

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Published: Jan. 16, 2008 at 5:59 PM
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NEW YORK, Jan. 16 (UPI) -- A woman who alleged her former boss at New York's Caxton-Iseman Capital Inc., made her coordinate his sexual activities was indicted on a grand larceny charge.

The New York County District Attorney's Office last November announced that Fatima Monahan had been indicted in connection with alleged misuse of a credit card belonging to Frederick Iseman.

Monahan last April sued Iseman, the chairman at Caxton-Iseman, alleging he assigned her to make arrangements for him purportedly regarding his sex life, the New York Post reported.

Iseman lawyer Michael Berger denied the April charges, alleging Monahan made them up after she was fired in 2006 for allegedly misusing her position at the $2 billion private-equity firm to steal $250,000.

In the November indictment prosecutors claimed she made more than $43,000 in unauthorized charges on a credit card.

Iseman, at that time, issued a statement saying the indictment "strongly supports what I have said all along about her retaliatory civil lawsuit against me. Her allegations are baseless and dishonest and were fabricated to distract attention from her own outrageous behavior."

Monahan's attorney told the Post evidence at a trial would show his client, who pleaded innocent, did nothing wrong.

© 2008 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

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