BUSINESS
03/28/2008 02:45 am ET Updated May 25, 2011

Rich Dad, Bad Dad: Ex-CEO Caught Looting Company To Fund Daughter's $10M Bat Mitzvah

The former CEO of the leading supplier of body armor to U.S. soldiers in Iraq was charged yesterday with looting the company to bankroll a lavish lifestyle that included a $10 million bat mitzvah for his daughter.

In addition to the bat mitzvah - which included performances by Aerosmith, 50 Cent, Tom Petty, Kenny G and the Eagles - prosecutors said David Brooks got the firm, DHB Industries, to pay for other goodies.

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