3.06.2007

Sleazy Greed nearly sinks Buca

Buca went wrong when ethics were off the table

Excerpt:


Moreover, Micatrotto was charged by the Securities and Exchange Commission with stealing $850,000, including double-billing the company for airline tickets; buying and renovating a small villa in Italy that Micatrotto contended he eventually was going to deed to the company as a training facility; fraudulently obtaining $131,000 in walking-around money; and putting a groom's dinner for his son on the company tab.


Comment: Poor financial controls will sink a business or a church!

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