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Wednesday, June 20, 2012

Bay Area Man Accused of Ripping off Pearl Jam to the Tune of $380K

Posted By on Wed, Jun 20, 2012 at 11:00 AM

Pearl Jam performing at S.F.'s Outside Lands festival in 2009.
  • Pearl Jam performing at S.F.'s Outside Lands festival in 2009.

Bad news for better men: the Novato-based former financial manager for Pearl Jam is accused of stealing $380,000 from the Seattle grunge titans, according to the Chron.

The man, 54-year-old Rickey Charles Goodrich, paid his own credit card bills, took vacations, and bought fancy wine on the band's dime, in what amounts to 33 counts of theft, according to prosecutors in King County, Wash.

The alleged stealing took place between 2006 and 2010, when Goodrich was chief financial officer of Pearl Jam's management company, Curtis Inc. He allegedly spent $6,498 on wine and $20,879 on airline tickets, along with outlays for hotel stays in Santa Barbara and and Colorado, among other places, the paper reports.

Goodrich is due to be arraigned June 28 in Seattle, and could face up to 57 months in prison.

Apparently the band's officials noticed some accounting irregularities under Goodrich's tenure, but the CFO always provided reasonable explanations for them. He didn't, however, respond yesterday to the Chron's requests for comment.

[SF Gate]

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