Chippendales: Club Owner’s Paranoia Spirals Into Murder

The world’s most iconic male strip show becomes a battleground of ego, greed, and murder when its visionary founder spirals from fame into paranoia—unleashing a deadly plot that shocks the entertainment industry. Sources for this episode include: A&E’s Secret of the Chippendales Murders The surreal true crimes behind Hulu’s Welcome to Chippendales (Vox) The secret story of the Chippendales (The Independent) Chippendales: The Indian whose US strip club empire ended with a murder Chippendales vs. Strippendales: The battle over a male strip club empire (Los Angeles Times) Keep up with Killer Stories! Instagram: @killerstoriespod TikTok: @killerstoriespod X: @killerstorieshq Learn more about your ad choices. Visit podcastchoices.com/adchoices

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:08Harvey Guillén?

  You may have heard of the sword of Damocles, but have you heard his story? Damocles was an attendant in a royal court, a jealous flatterer who wanted so badly to become king, he wouldn't shut up about it. His ambition, or persistence, or whatever you want to call it, got him exactly what he always wanted: a throne to sit on. But, when he finally looked up, he saw a razor-sharp sword swinging above his head, held only by a single hair. Suddenly, he realized the precarious nature of his newfound power, how it could all just end in a blink of an eye. And so, Damocles begged for his old life back. He didn't want his dream anymore.

• 0:53Harvey Guillén?

  It was too risky. But, to choose power is to choose risk. What would you do? If you found yourself with everything you ever wanted, would you sit there and wait for the sword to drop? Run? Or would you do everything in your power to protect it? I'm Harvey Guillén, and this is Killer Stories.

• 1:42Harvey Guillén?

  Press your feet into some shag carpet and hit play on an 8-track. Today, we're touching down in the 70s to talk about Trippendales. Not these guys. These guys. Whose name strangely comes from this guy. You'll have to Google it because we don't have time for tangents today. A lot happens in this case, and it starts in an unlikely place. Believe it or not, the origins of these extremely unintentionally white strippers begins in India, with a man named Soaman, aka Steve Banerjee.

• 2:18Harvey Guillén?

  Steve wants to become the founder of a massive global brand one day. So when he's in his twenties, he leaves India and heads west. He eventually settles down here, in my hometown of Los Angeles, California. Steve's the type of guy who isn't shy about his dreams. He gets a job as an attendant at a gas station. And when people come in with their really nice luxury vehicles, he tells them how he wants to drive a car just like theirs one day. And I imagine those people probably looked at him like he had three heads. It's the 1970s, and he's a young brown immigrant with a stutter and an accent. But you know what? Steve makes it happen. And he does it by tapping into a very novel concept. That women get horny too.

• 3:05Harvey Guillén?

  Steve knows that disco is bringing big bucks to New York City. So eventually, he saves enough money to buy a failing nightclub in West Hollywood. It's a huge investment for him, so the stakes are high. And he starts by just throwing things at the wall. He tries every gimmick in the book to attract customers. Magic shows, mud wrestling, backgammon, you name it. At some point, he changes the name of the club from Destiny 2 to Chippendales because he thinks it sounds classier. But nothing really works. Until one day, a nightclub promoter approaches Steve with an idea. He should host a male strip show for an exclusively female audience. But Steve's like, "Let's do it."

• 3:50Harvey Guillén?

  And so, in 1979, Chippendales, the male erotic dance venue, is born. Steve advertises his show all over the city, posting flyers wherever he thinks women will gather. "Male exotic dance night for ladies only. $20 to enter." That's the ad. Almost right away, the idea catches on. The ladies go wild. Women of all ages start lining up to get in, from young and single women on up to grandmas, and we love that for grandma, who doesn't want to get loaded while touching abs and tucking dollars into G-strings. Anyway, as a bunch of journalists have pointed out, the success of Chippendales has a lot to do with timing. It's not like Steve really knew what he was creating.

• 4:35Harvey Guillén?

  Up until their launch, male strippers only really existed in gay clubs, but his desperate attempt to turn a profit accidentally creates a rare and special space for women, one where they can express their sexuality freely and safely. And it coincides with a time where more and more women are entering the workforce and have their own money to burn. Steve wanted the club to be respectable, classy, no drugs, no sex work, no shady backdoor deals, none of the associations that come to mind when you think of a stereotypical strip club for men. And that took shape in part by the type of dancers he picked:

• 5:16Harvey Guillén?

  tall, muscular, masculine, clean-cut, hairless, white. Were there still drugs and sex happening in the club? Absolutely, apparently a lot. But Steve wanted to sell, in his own words, "an all-American Ivy League look" in a facility that looked clean and nice. And that business recipe goes on to define the brand. But in 1980, the Chippendales performances are still a far cry from what they eventually become. They basically take any random men off the street who are willing to take off their clothes for money, which sounds like someone I know. This show lacks the polish, the storylines,

• 5:58Harvey Guillén?

  the characters, the choreography, the costumes, the spectacle. All that changes in 1981 when Steve hires a man named Nick DeNoya. Nick comes to Chippendales with credentials. He's an Emmy Award-winning television producer and choreographer for a children's show called Unicorn Tales, which doesn't involve as many unicorns as you might think. And yeah, not a lot of stripping crossover there.

• 6:29Harvey Guillén?

  But you can see there's a lot of theatricality. And that becomes part of Nick's vision for Chippendales. Pretty immediately, he turns the dial up on the production value. He adds the glitz, the glamour, and a touch of cap so that the shows deliver quality entertainment without ever taking themselves too seriously. Behind the scenes, though, Nick takes his job very seriously, to the point where many of the dancers resent him. According to some, he's militaristic and cutthroat in his leadership, quick to raise his voice, always ready to fire people, and apparently, he regularly comments on dancers' bodies, telling them what they need to do to improve, which sounds super toxic to me.

• 7:13Harvey Guillén?

  But by all accounts, the product that Nick creates becomes the real secret sauce for Chippendales' success. He does amazing things for Steve's bank account. Soon, there's talk about adding a show in New York, which gets Steve really excited. He's going national! But things begin to shift after dinner one night at a restaurant. Nick sits down with Steve and convinces him to sign a deal on the back of a cocktail napkin. Nick will get the New York show up and running. In exchange, Steve will give Nick the rights to all of Chippendales' touring shows, 50% of their profits, and complete control over the tour's creative direction in perpetuity.

• 7:57Harvey Guillén?

  That means forever. For Steve, at the time, though, it's not a big deal. Chippendales doesn't even have tours yet. He's agreeing to give up a part of the business that doesn't exist. But he comes to seriously regret that decision.

• 8:20Harvey Guillén?

  The New York show opens in October 1983, and it takes Chippendales to a whole new level. The theater's bigger, the performers are more experienced, the crowds are insane, celebrities start to make appearances, it all just works. The problem is, Nick starts to receive most of the credit. Some even give Nick the nickname Mr. Chippendales. And though he doesn't really show it, that really pisses Steve off. He may be quieter than Nick, but he's just as ruthless. According to former employees, he sees himself as the king of Chippendales. And he's willing to do anything to protect what he sees as his.

• 9:04Harvey Guillén?

  And because he and Nick both have huge egos and both feel responsible for Chippendale's success, they start getting into fights. And the relationship turns sour. And things go even further south when Nick gets around to launching a touring arm of Chippendales. Those shows start raking in cash, which makes Steve realize the mistake he made in signing that cocktail napkin. Most of that cash could be his. And to make matters worse, it's not just Nick who's cutting into Steve's profits. Profits he thinks he's entitled to. The New York City mafia is also breathing down his neck.

• 9:46Speaker 01

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• 10:28Speaker 01

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• 11:17Speaker 02

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• 11:47Speaker 03

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• 12:18Harvey Guillén?

  Back in the 1980s, the Bonanno family runs one of New York's most powerful and ruthless criminal organizations. Think of every mafia trope you know? That's these guys. And Steve Banerjee gets to know the Bonannos pretty well because Steve's the perfect target for extortion. He's an immigrant running a wildly successful nightclub that deals almost exclusively in cash. So pretty immediately after opening, the Bonanno family starts taking a cut of Chippendales' profits in exchange for protection. But mafias aren't just a problem for Chippendales in New York. They have to deal with them on the road, too. Many of the nightclubs they travel to are mob-owned. And there are times where tempers flare between touring companies and organized crime groups,

• 13:03Harvey Guillén?

  which only adds to already existing tensions between Steve and Nick. Things build and build and build, and one day, the shoe finally drops. Nick, Mr. Chippendales' denoya. Gets murdered. He's found inside his Manhattan office, dead. From a gunshot wound to the face. The crime scene photos are too graphic to show, but the force of the blast knocked him clear off his chair. He was only 45 years old. Right away, it's pretty clear to officials that it was a hit. There are no signs of force entry, no signs of a struggle, no identifying evidence. And judging by the single bullet and casing left behind, the killer only took one shot.

• 13:47Harvey Guillén?

  The news of Nick's death is obviously shocking, but it's not that surprising that Nick had enemies. No disrespect to him, but he apparently pissed a lot of people off, which means there are a lot of suspects for officials to look into. The mafia is obviously top of mind because of how Nick died. Plus, officials learned that he had gotten into an especially heated fight with the mob-owned club in Florida while on tour. But they also consider other suspects, like a scorned ex-lover and even Nick's brother, who had completely coincidentally just taken out a life insurance policy on him. But what officials don't know is the person actually behind it all was a man named...

• 14:34Harvey Guillén?

  Steve. Steve did it. Steve and Nick had basically gone their separate ways, but Nick still owned the rights to touring, thanks to that napkin deal. Then Steve found out that Nick had plans to open his own company and become a competitor, which pushed Steve over the edge. And when he finally had enough of Nick, he knew who to call. A friend of his by the name of Ray Cologne, which for some reason just sounds like a hitman's name to me. Anyway, Steve and Ray got together and hashed out a murder plot.

• 15:10Harvey Guillén?

  Steve gave Ray $500 to buy guns. Then Ray looped his buddy Louis Lopez. Ray and Louis hopped on a plane to New York, walked into Nick's Manhattan office, and shot him. Louis was the one to actually pull the trigger, and they both took off before police arrived. Now, for those wondering, Steve doesn't avoid suspicion entirely. His name comes up as a possible suspect. I mean, it was an open secret that they didn't get along. But even still, most couldn't believe that little old Steve was capable of plotting a murder. Plus, the police had no way to tie him to the crime scene. He wasn't in New York, so he ends up getting away with it. And if Steve ended things here, kept quiet and put his head down, maybe he would have never been caught.

• 15:55Harvey Guillén?

  But that's not Steve's mindset. After he kills Nick, one of the first things he does is reach out to Nick's family, the people who are still grieving because of what Steve did. And he convinces them to sell back the touring rights he gave away to Nick. Steve pays $1.3 million, which sounds like a lowball offer to me. And once again, he becomes the sole owner of the business, a business that is still booming despite Nick's sudden and tragic death. Soon, competitors start popping up all over the place, which is to be expected, right? People see a good thing and try to copy it. But as we know, Steve doesn't handle competition well.

• 16:37Harvey Guillén?

  And he's already proven that he can get away with murder. So he deals with these new competitors in the same way he dealt with Nick: by hiring people to take them out. And by "take them out", I mean set their buildings on fire. He tries to, anyway. Not all, or even most, of the arsonists are successful. But they have a ripple effect in the L.A. nightlife scene. It feels like the industry is under attack, and no one knows why or who's responsible. And if you were to look at Steve, you would have no idea he's behind it because he makes a big deal about doubling Chippendales security, like he's concerned his clubs could be next. And because he keeps getting away with terrible things,

• 17:22Harvey Guillén?

  he keeps doing them. Steve's already sky-high levels of paranoia seem to reach new heights around the same time as Chippendales is cementing its mark on pop culture.

• 17:35Speaker 04

  I wish I could just flip a coin and be done with it, but we can't. We're Chippendales.

• 17:40Harvey Guillén?

  At some point, he learns that some ex-Chippendale dancers have started a new company called Adonis, the men of Hollywood, and they're taking their show all over the world. So, in 1990, Steve hires another hitman through Ray Cologne to take out three Adonis dancers while they're performing in London. This time, the hitman's name sounds straight out of The Wiggles. He goes by Strawberry. No, really, people actually call him that. And if you're going to be killed by a professional assassin, wouldn't you want it to be Strawberry? It is as bizarre as it sounds, and I haven't even gotten to the craziest part,

• 18:20Harvey Guillén?

  which is how Steve and Ray plan to have Strawberry kill the Adonis dancers. The idea is to inject them in the neck with syringes filled with cyanide. Even worse, at some point, Ray suggests mixing in Drano. But, back to the story. Similar to the first hit, Steve removes himself from the details. He has Ray hire Strawberry to actually do the killing, and for each dancer that ends up dead, Ray tells Strawberry that he'll get paid $25,000. Once the terms are set, Strawberry flies to London with the cyanide and syringes, and then he gets ready to assassinate Steve's perceived enemies,

• 19:06Harvey Guillén?

  a bunch of male erotic dancers, one of whom was named Reed Scott. In July 1991, Reed gets the surprise of a lifetime. He's onstage hosting at an Adonis show at the theater in Blackpool, England, when his business partner suddenly cuts him off mid-sentence. "There are some men in suits here. They need to talk to him right away." Reed quickly learns those men in suits are actually agents with Scotland Yard, and they tell Reed his life may be in danger. They have reason to believe someone wants to kill him and two other Adonis dancers. I mean, talk about a hard pivot. One second, you're revving the libidos of an audience of women,

• 19:48Harvey Guillén?

  the next, you're worried one of them is trying to inject you with a death needle, which I'm sure was a terrifying thing to hear, but when you really think about it, the whole plan is incredibly dumb.

• 20:02Harvey Guillén?

  What was Strawberry gonna do? Hop onstage in front of a sold-out crowd and stick one of the dancers? Then, when they hit the ground, he just runs after the others? Without anyone in the club noticing? It doesn't make sense. The stupidity of the plan isn't what's running through Reed's head. According to Reed, he's thinking, "It must be Steve." And as that possibility crosses his mind, officials in America are getting closer to the truth. Turns out, after Strawberry made it to London, he got cold feet. He flew back to the States, went straight to the FBI, and told them all about the stripper cyanide plot. That obviously leads agents to raid Cologne. And when the FBI raids his house,

• 20:45Harvey Guillén?

  it's immediately clear Strawberry was telling the truth because they find an insane amount of cyanide inside. I don't know if 46 grams means anything to you, but that's apparently enough to kill 240 people. Ray's excuse? He has a gopher problem. The cyanide is to kill the gophers. Naturally, the excuse doesn't work. Officials arrest Ray and charge him with both conspiracy and murder for hire. They suspect he's a middleman, but they don't have anything to connect Steve to the murder, which means Steve is protected for as long as Ray doesn't rat him out. And even though Steve's still out there, living as a multimillionaire,

• 21:28Harvey Guillén?

  and Ray is rotting in a cell, Ray is shockingly loyal.

• 21:35Harvey Guillén?

  He sits in a jail for seven months without giving officials an inch. But that changes as soon as Steve refuses to help pay Ray's legal fees. Which honestly feels like the least Steve could do for Ray, but I also understand Steve's perspective here, you know? He doesn't want anything to come back to him. Sending money creates more of a paper trail. But in the end, it doesn't matter. It comes back to Steve anyway. Ray decides to spill the beans about everything, including Nick De Noya's murder. He implicates both Steve and Louis, the guy who actually shot Nick. But in order for the FBI to arrest Steve, they need more than just Ray's word.

• 22:18Harvey Guillén?

  Which is why they convince Ray to act as a mole in a sting operation. To catch Steve once and for all.

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• 23:01Speaker 03

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• 23:33Harvey Guillén?

  On June 23rd, 1992, Ray Cologne meets Steve Bannery at an IHOP in Santa Monica, California. The FBI's hope is Ray will be able to get Steve to say something incriminating, but it quickly becomes clear they underestimated Steve's paranoia. When he arrives at the IHOP, he doesn't sit down in a booth for delicious pancakes with an array of syrup flavors. No, he goes straight to the bathroom and has Ray meet him in a stall. Once inside, Steve presses a finger against Ray's lips and makes him strip down to his underwear to check if he's wearing a wire, which, of course, he is. Thankfully, the FBI had made some special underwear that hit the recording device,

• 24:17Harvey Guillén?

  so Steve doesn't see it. But even though, in his mind, Ray isn't bugged, Steve still isn't willing to talk. Anytime Ray asks a question, Steve writes the answer down on a Post-it and then tears it up and flushes it down the toilet. So, the tape they capture is completely useless. It's just a bunch of pencil scratching and rustling. The entire operation is a bust. So, the FBI has to go back to the drawing board. The assumption is that Steve thought it was super suspicious that Ray was already out of jail. So, they develop a new plan that involves Ray being a wanted fugitive on the run in Europe.

• 25:02Harvey Guillén?

  And in February 1993, they get Steve and Ray together in a hotel room in Zurich, Switzerland. The conversation lasts between three and four hours. And Steve is so paranoid that at one point, he openly talks about how thin the walls are and how concerned he is that the FBI could be listening from the room next door, which is exactly what's happening. But luckily for the FBI, Steve keeps talking. And at some point, he mentions Nick DeNoya, using the code name he and Ray established, "The D." Steve asked if the FBI knows he bought the murder weapons that killed "The D", which on its own acts as a confession of sorts.

• 25:45Harvey Guillén?

  But Steve also mentions the plot to kill those Adonis dancers too. Meaning, the FBI has everything they need to arrest him. Which is good because in this same conversation, Steve also talks about his plan to flee the United States and start a new life in India.

• 26:05Harvey Guillén?

  Officials arrest Steve in September 1993 and hold him on bail. He eventually pleads guilty to racketeering, arson, and murder-for-hire charges in exchange for 26 years in prison and forfeiting ownership of Chippendales to none other than the US government. So yeah, the government owns and operates Chippendales now. No, I'm kidding. Steve's plea deal is supposed to go into effect on October 24th, 1994, the day of his sentencing. But before that happens, Steve dies. By suicide, in prison. And his death effectively terminates the deal. So Chippendales passes on to his family, his wife and two kids. And that's one of the reasons the business is still around.

• 26:48Harvey Guillén?

  Some believe Steve died by suicide so that his family kept the business. Because for all the evil things that he did, everyone seems to agree. Steve loved his family dearly. He just didn't have much regard for the lives of anyone who stood in his way. You could say both Steve and Nick fell victims to Damocles sword, but Steve also acted as the sword itself. And some believe he may have continued to if he didn't die. He allegedly had many more names on his hit list, including Ray Cologne and his own lawyer. It's also possible Steve may have committed more crimes we don't know about, like the attempted murder of another former Chippendales dancer, Dan Peterson.

• 27:33Harvey Guillén?

  Dan left the company to make his own Chippendales-style calendar. And one day, Dan and his team were half naked on a beach in Santa Monica when out of nowhere, a hidden sniper started raining bullets on them. Luckily, no one was killed, but no one was caught either. Sometime after Chippendales passes on to Steve's family, they sell it to a bunch of investors. And according to the internet, the current owners are not publicly known. They apparently want to maintain their privacy, which is fair. Maybe some lives could have been saved if Steve took a page out of their book and didn't care so much about the spotlight. But yes, Chippendales is still around in all its hormonal glory. The New York show may have closed after 9/11,

• 28:18Harvey Guillén?

  but they still release an annual Christmas calendar, run plenty of tours, and have their long-running Las Vegas residency in a $10 million custom theater. And if that's not feminism, what is? Chippendales has given us so much. So much pop culture, so many sexual awakenings. Without it, there would be no Magic Mike, or Magic Mike XXL, or Magic Mike's Last Dance. Without it, what would Steve Banerji's son do for work? No, really. He's apparently a stripper now. And he started his own business called Strip-andales, which is a reminder for all of us. No matter what happens in life, never stop chasing your dream.

• 29:03Harvey Guillén?

  Thanks for tuning in to Killer Stories, a Spotify podcast. New episodes release on Mondays. If you liked today's story and want to learn more, we drop some of our favorite sources in the episode description. Until next time, I'm Harvey Guillén. Stay safe out there.