Business & Finance
A mystery man tried to buy Playboy’s high-end lingerie business. It turned out to all be a scam.
Key Points
Kevin Juin, a mystery man, attempted to purchase Playboy's high-end lingerie business, Honey Birdette, using funds raised for the acquisition. However, prosecutors revealed that Juin used the money to indulge in luxury items, including watches, jewelry, private-club memberships, and OnlyFans subscriptions, rather than completing the intended purchase.
Prosecutors say Kevin Juin used money he raised to buy the company Honey Birdette to purchase luxury watches, jewelry, private-club memberships and OnlyFans subscriptions.