Dan Price, CEO who gained fame for raising staff salaries, resigns after rape investigation

Dan Price, who became a virtual star after raising his employees’ salaries to at least $70,000 while cutting his own wages, has resigned as chief executive of Seattle-based Gravity Payments following a recent rape allegation in Palm Springs had come to light.

Price, who founded the company that processes credit card payments, announced his resignation last week on Twitter.

The 38-year-old is accused of raping a woman in Palm Springs in April 2021, the second public accusation against him of violence against women in recent years. After an investigation of theNew York Times, The two incidents follow years of alleged predatory behavior and abuse by Price, including allegations of domestic violence by his ex-wife – while gaining momentum when he announced he was revolutionizing big business with progressive policies.

According to Lt. Gustavo Araiza, Palm Springs Police Department investigators submitted the rape case to the Riverside County District Attorney’s Office for review last week. He declined to release further details of the report, citing an active investigation. Araiza said an arrest warrant could be issued after prosecutors review the case.

John Hall, spokesman for the Attorney’s Office, said the case “is currently under review and no decision has been made on the filing at this time.” He declined to give a timeline for that decision.

According to the New York Times Story, Palm Springs Police recommended a drug victim rape charge against Price after a woman reported that he sexually assaulted her without her consent while she slept at a Palm Springs hotel.

Price didn’t immediately respond to a request for comment, but called the allegations against him “false allegations.” a statement on Twitter. In the same post, Price announced his departure as CEO.

A request for comment from Gravity Payments was not immediately answered.

“My presence here has become a distraction. I must also step away from these duties to fully focus on fighting the false allegations against me,” Price wrote on Twitter. “I do not go anywhere.”

In February, Price was charged with fourth-degree assault with sexual motivation, fourth-degree assault and reckless driving in Seattle after a woman accused him of forcing unwanted kisses on her and then grabbing her throat when she refused, the authorities said Seattle times. He recently pleaded not guilty to the assault and the reckless driving charge had prosecutors dropping the sexual assault charges.

https://www.latimes.com/california/story/2022-08-24/ceo-dan-price-resigns-rape-investigation-70k-gravity-payments Dan Price, CEO who gained fame for raising staff salaries, resigns after rape investigation

Alley Einstein

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