A 54-year-old financial executive was charged Thursday with drugging and raping a 14-year-old girl he met online.

Michael Olson faces 17 indictments for allegedly abusing a teenage girl at a New York City hotel for months, resulting in an overdose, according to reports. statement From the Manhattan District Attorney’s Office. Olson is accused of repeatedly drugging and raping children at hotels in Manhattan and Queens.

“This indictment alleges that the defendants engaged in targeted and repetitive child sexual abuse using drugs and money,” district attorney Alvin Bragg said in a statement. . “My office is actively investigating these allegations and the possibility that defendant’s criminal conduct may be even broader than the charges contained in today’s indictment. Our Special Victims Division is , staffed with dedicated prosecutors and investigators working with specially trained social workers, and fully equipped to support young survivors.”

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— Kay Smythe (@KaySmythe) February 16, 2023

Olson contacted the boy in December 2022 in response to an Instagram post in which he noted that his clothes were too expensive, according to the prosecutor’s office. Olsson said he sent the girl a gift card and started paying for her to spend time with her. Over the next six months, Olson allegedly paid the child $700 a week for sex, and even flew his daughter to Las Vegas, Los Angeles, and Miami, claiming it was his daughter. .

On May 26, the child was found in a Manhattan hotel room with an overdose of cocaine, ketamine and Xanax. She was taken to a local hospital where she recovered. (Related: Report: Famous author of Trump reveal book found working closely with Jeffrey Epstein)

Olson was subsequently arrested and posted $1 million bail. according to to the New York Post. Olson allegedly tried to contact other children while out on bail, and multiple other victims were alleged. He is also believed to have provided drugs to minors who were also alleged victims, according to the newspaper.

He was remanded without bail after an arraignment in New York on Thursday, the newspaper said. Prosecutors are encouraging other alleged victims to come forward.