People’s Trust Insurance is blocking public release of an internal audit report on an investigation into its current CEO’s claims that its former CEO used company funds illegally before his January 2014 death.
The audit was ordered by the state office of Florida after current CEO George Schaeffer alleged that the former CEO, Mike Gold, spent company funds at a casino and massage parlor. The allegations surfaced as part of dueling lawsuits between Schaeffer and Gold’s widow, Eileen Gold.
When it submitted the audit, People’s Trust marked it ”trade secret,” which under state law bars it from release through a public records request, Erin VanSickle, the state office’s deputy chief of staff, told the Sun Sentinel.