From the Times's Spitzer story:
As attorney general, [Spitzer] also had prosecuted at least two prostitution rings as head of the state’s organized crime task force.
In one such case in 2004, Mr. Spitzer spoke with revulsion and anger after announcing the arrest of 16 people for operating a high-end prostitution ring out of Staten Island.
“”This was a sophisticated and lucrative operation with a multitiered management structure,” Mr. Spitzer said at the time. ”It was, however, nothing more than a prostitution ring.”
It appears the Emperors Club VIP has no clothes.