Former Nike Manager Charged in Million-Dollar Plot to Defraud the Swoosh

A former Nike Inc. manager is facing multiple charges related to an alleged plot to defraud the Swoosh, including purportedly embezzling more than $1 million from the brand between 2016 and 2018. Federal prosecutors in Oregon today charged Errol Andam, a former marketing manager at Nike, with wire fraud, money laundering and making false statements on a loan application as part of a scheme to defraud his former employer. Nike said its own internal investigation team uncovered Andam’s alleged criminal activity in 2017. After he was terminated from the company, the brand said it turned over the evidence to the U.S. Attorney. “It’s unfortunate that Mr. Andam, who had a job that allowed him access to some of the most exciting events in the world of sport, chose to abuse the trust that Nike put in him. We want to thank the U.S. Attorney for its efforts on this case,” Nike said in its statement. According to prosecutors,  Andam — who was employed by the Swoosh from 2001 to 2018 and worked at its global campus in Beaverton — diverted and embezzled nearly $1.5 million in Nike proceeds for his own use between September 2016 through December 2018. During the summer of 2016, prosecutors

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