Christopher Cox, 52, will face two counts of inciting prostitution for gain and one count of controlling prostitution for gain after changes to CPS guidance allowed the allegations to be made.
The revised CPS legal guidance was published in January 2019 and authorised Surrey Police to charge Cox.
He will appear at North Surrey magistrates court next month on February 24.
Senior Crown Prosecutor Claire Prodger said: ‘Following an investigation into so-called ‘sex-for-rent’ allegations, the CPS has authorised Surrey Police to charge Christopher Cox with two counts of inciting prostitution for gain and one count of controlling prostitution for gain.
‘The charges arose out of an investigation by ITV researchers, passed to police in 2019, which resulted in further criminal enquiries.
‘This is a complex case and we have reached the decision following a careful review of all the evidence gathered during this period.
‘Criminal proceedings against this defendant are now active and he has a right to a fair trial. It is extremely important that there should be no reporting, commentary or sharing of information online which could in any way prejudice these proceedings.’
A businessman cannot force you to buy his product; if he makes a mistake, he suffers the consequences; if he fails, he takes the loss. If bureaucrat makes a mistake, you suffer the consequences; if he fails, he passes the loss on to you.