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John Childs, the 77-year-old founder of private equity firm J.W. Childs Associates, was charged by the Vero Beach Police Department for solicitation of a prostitute.
Childs denied any wrongdoing during an interview with Bloomberg News on Friday.
Contact - Police - Department - Charge - Childs
"I have received no contact by the police department about this charge," Childs said. "The accusation of solicitation of prostitution is totally false. I have retained a lawyer."
Since 1995, Childs' firm have invested around $3.7 billion towards over 50 businesses, according to its website. Childs was responsible for a $77 billion fixed income portfolio with Prudential Insurance Company of America in 1980s, his profile said.
Childs - Republican
Childs is a major Republican...
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"However, when the Son of Man comes, will he find faith on the earth?" Luke 18:8