Fatima Monahan was accused of using Iseman's
credit card to buy high-end clothing, shoes, food, household items and
gift cards from upscale New York department store Bergdorf Goodman.
While Monahan was ordered to repay
$45,000 and sentenced to five years of probation, the admission
severely undermines the $24 million sexual-harassment lawsuit she filed
against Iseman and his firm Caxton-Iseman Capital Inc., now CI Capital Partners LLC, last year.
Iseman is countersuing her, claiming that her suit is a bogus attempt
to embarass and extort him while drawing attention away from her own
crimes. The judge said that Monahan's guilty plea will have no effect
on the status of her lawsuit or Iseman's counterclaim. - George White
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