I think you would be better off cutting all ties with him.
It's your life and choice.


And he he does come back on having a 'Jeremy Kyle' moment with your folks:

Lorissa: Oh, I really hope you don't tell my parents that you paid to have sex with me, repeatedly. And that you only did so coz you wanted to find out how the business works, before launching your new part time career as a very camp gay male escort!

Ex close friend.....

Lorissa: Good! It's nice to know those are your last words on the matter.