Well that was fast.
Bradley H. Jack, a former Lehman Brothers executive, was charged with forging a prescription for the second time in less than a year, the Stamford Advocate reports. Jack allegedly forged the date of a prescription that was made out to him by a doctor.
Jack, who until 2005 was a managing director at the now-defunct Lehman Brothers, was also arrested in June on charges of forging a prescription. That time Jack allegedly used a forged prescription to get 12 pills of the painkiller Oxycontin and nine of the stimulant Ritalin. Last July, Jack agreed to enter rehab in an attempt to avoid criminal prosecution on the June charge, according to The New York Times.
In addition to the forgery charges, Jack is also facing the possibility of his $35 million Fairfield, Connecticut estate being sold at a municipal auction after he failed to pay taxes on the property since July, Bloomberg reports.
Fairfield's town tax collector Stanley Gorzelany told Bloomberg that Jack is the city's most delinquent.
The series of charges against Jack may add fuel to the fire of a growing stereotype: that many in the financial industry use drugs to cope with the stresses of the job. Though that image may have been a phenomenon largely of the 1980s, prescription drug abuse (as well as abuse of other drugs) remained alive and well in the lead up to the financial crisis, according to The New York Times. By that time, however, Jack had left Lehman Brothers.
By 2010, when the credit crisis had already taken its toll on the financial industry, the prevalence of cocaine among workers fell, while marijuana use rose, according to the Wall Street Journal. Jack’s former employer, one of the most notorious names associated with the financial collapse, failed in 2008 in the largest bankruptcy in U.S. history.
Jack is only the latest Wall Street worker to be associated with a crime in recent weeks. A Morgan Stanley banker was charged with a hate crime earlier this month after he allegedly stabbed a cab driver of Middle Eastern descent over a fare dispute. Another Morgan Stanley broker was allegedly with an accused brothel owner when she was arrested last week.
Jack is scheduled to appear in court on March 21, according to the Advocate.