John Havens' name was on a list of 25 men released by the Jupiter, Florida police department on Friday, accused of soliciting prostitution.
Havens served as Citigroup's president and chief operating officer, but only held the position for a year. He is currently the chairman of Citigroup's former hedge-fund division, Napier Park Global Capital.
Havens came to Citigroup in 2007, when the bank bought the hedge fund he founded with Vikram Pandit. Pandit would go on to serve as the CEO of the bank.
While Havens lives in New York, public records show that he has several properties in Florida, including one in Jupiter not too far from the day spa at the center of the prostitution probe.
New England Patriots owner Robert Kraft is the most famous person to be arrested in the bust so far — but that may change soon.