Twisted NYC financier fantasized about getting away with abuse, DA says — as he’s sentenced to 16 years for preying on teen girls

A twisted Manhattan financier who preyed on teenage girls fantasized about how he could get away with the sick abuse even after his arrest — prosecutors revealed Tuesday as he was sentenced to 16 years behind bars.

Journals Michael Olson kept following his release on $1 million bond revealed his “hidden intent” to continue terrorizing young girls, including a 14-year-old girl he raped and fed drugs to until she overdosed, Manhattan prosecutors told the court.

Olson, 56, allegedly wrote that he “should have taken the 14-year-old to Mexico” because he believed it would be easier to get away with child marriage there. 

“He brainstormed lists of ideas as to how he would continue or would get away with these crimes in the future,” Assistant District Attorney John Fuller said.

The lists, which Olson titled “Life Goals,” included depraved ideas like getting his victims fake IDs to shield the fact they were underage and tossing out sex toys before they were discovered by investigators, Fuller alleged.

The deranged theories were penned in just the few weeks before the financier was hit with dozens of additional counts for continuing to reach out to underage girls online while he was out on bail.

“He ruminated on seeking out not only the [14-year-old] victim… but numerous other victims who were all children,” prosecutors said.

The perv’s sinister scribblings were revealed as prosecutors urged the judge to sentence him to the 15-year maximum of post-release supervision following his 16-year prison term.

It was the latest sickening turn in the case against Olson, who was first charged with luring the 14-year-old girl via social media and drugging and raping her in hotel rooms around New York City on a weekly basis starting in December 2022.

The former financier worked for Dwight Mortgage Trust, a real estate oriented investment firm, before he was arrested on May 26, 2023, when the teen overdosed in a Manhattan hotel room where EMS workers found several drugs including ketamine, cocaine and Xanax.

“There can be few things more horrifying for a parent than receiving a phone call that their 14-year-old daughter is at Bellevue after a drug overdose and then subsequently learning of [Olson’s] predatory conduct against her for months,” Fuller said.

Olson’s defense attorney, Jeffrey Lichtman, said he thought a five-year minimum of post-release supervision would suffice for his client, who would be in his late 60s after serving out his sentence.

But Manhattan Supreme Court Justice Ann Scherzer imposed the prosecution’s 15-year post-release supervision ask after she expressed that she felt she couldn’t trust Olson, and that it was her “strong responsibility to the community to make sure there is somebody watching” him. 

After he was arrested on the additional charges, Olson wrote a letter from behind bars to his family in which he detailed his plan to get a reduced sentence at a treatment facility, prosecutors have said.

The creep, who had been found unfit for trial in a ruling that was later reversed, wrote that he had to be careful not to “behave too normally” or he’d get sent back to Rikers Island.

Prosecutors were seeking a sentence of 25 years in prison before Olson cut a deal in December.

He pleaded guilty to nine counts of the appalling 76-count indictment, including rape, criminal sale of a controlled substance and aggravated patronizing of a minor for prostitution.

The 14-year-old victim penned a short impact statement read by prosecutors at Tuesday’s sentencing, in which she said she “longed for peace” after Olson robbed her of “things [she] could never have back.”

The teen first encountered the perv on Instagram after he replied to a post she made about not being able to afford new clothes.

Over the next few months, Olson admitted he raped the girl on several occasions, paying her $700 a week in exchange for sex, prosecutors have said.

He also took the child on trips to Las Vegas, Los Angeles and Miami, pretending that she was his daughter while purchasing her boarding passes using her first name and his last name, according to the indictment.

“Michael Olson preyed on and abused five vulnerable children in less than six months,” Manhattan District Attorney Alvin Bragg said in a statement.

“My Office’s Human Trafficking Unit was laser-focused on ensuring accountability in this case for the full scope of his horrific conduct. My thoughts are with the young survivors as they continue to heal.”

Olson declined to speak when given the chance before he was sentenced. 

His attorney said outside the courtroom that Olson looks forward to “getting past his point in his life.”

“It’s a very severe sentence, but it’s also a very serious crime,” Lichtman said.