Manhattan financier accused of attacking 14-year-old girls on Instagram
Manhattan financier, 54, ‘targeted 14-year-old Asian girls on Instagram then paid $700 a week for sex before she was found near death in a hotel room after taking a cocktail of cocaine, ketamine and xanax’
- Michael Olson was denied bail after a Manhattan Supreme Court hearing
- He targeted girls who posted about self-harm and had no money
A 54-year-old Manhattan financier has been accused of assaulting 14-year-old girls on Instagram and paying $700 a week for sexual favors before one of them was found nearly dead in a hotel room after being handed a cocktail of cocaine. Ketamine and Xanax.
Michael Olson is charged with 17 counts of sexual assault against one child, but Manhattan prosecutors are asking other victims to come forward.
Olson, who worked for Dwight Mortgage Trust, is accused of targeting the girls on Instagram by posting messages complaining that they couldn’t afford clothes.
He also targeted images that showed them self-harming. Prosecutors say he would offer them money to lure them in.
The girl who is the subject of the charges was flown around the country by Olson, who allegedly drugged her and raped her in hotel rooms, the indictment said.
Prosecutors say he flew her across the country and showed her when his daughter manifests on the run. He also kept a spreadsheet to track which other children he had messaged, prosecutors say.
Michael Olson faces 17 counts of sexual assault against one child, but Manhattan prosecutors ask other victims to come forward
Olson was found in the hotel room with the 14-year-old girl after she overdosed last month
Last month, she was found in a hotel room in Midtown Manhattan while Olson had overdosed on the combination of drugs.
According to prosecutors, she had taken them before and after she was raped by him.
When police searched his phone and iPad, they found “hundreds of screenshots from various Instagram accounts of young Asian teenage girls that the defendant messaged.”
The pair met in December 2022 when Olson, who worked for a mortgage lender, messaged her on Instagram.
Prosecutors say he was responding to a message in which she complained that she had no money for clothes.
Olson did not speak at the Manhattan Supreme Court hearing yesterday. He was denied bail
He sent her a gift card and the pair got into a relationship, police say.
Over the next six months, Olson repeatedly raped the child and paid her about $700 a week for sexual conduct in hotel rooms in Queens and Manhattan.
“He took the kid to Las Vegas, Los Angeles and Miami by buying her plane ticket with her first name and his last name to paint her as his daughter,” Manhattan DA Alvin Bragg said yesterday.
Olson was arrested last month but posted $1 million bail.
Prosecutors say he continued to message young girls after he was released. He was denied bail yesterday following a hearing at the New York Supreme Court.