MEMPHIS, TN (WMC) - Memphis businessman Mark Giannini's bond was set at $40,000 during his Tuesday court appearance.
Giannini was arrested Friday on statutory rape charges after police said they were tipped off to him having sex with an underage girl he met on a sugar daddy website.
He met the teen girl months after being acquitted of drugging and raping a housekeeper. He was on probation at the time the statutory rape reportedly happened.
In September 2017, Giannini pleaded guilty to felony drug charges. He still faces charges in two other rape cases.
His next court appearance is set for May 1.