Estimated reading time: 0 minutes, 21 seconds

Ex-Nike Manager Pleads Guilty to Scam Involving Phony Mortgage

A former Nike manager accused of defrauding the company of almost $1.5 million has pleaded guilty to charges that include bogus mortgage paperwork. So reports Portland Business Journal.

nike 311452 1280Errol Andam, who oversaw Nike’s pop-up marketing venues, agreed to plead guilty to submitting a false mortgage application as well as wire fraud and money laundering.

Andam reportedly faces up to 37 months in prison.

Read the full article from Portland Business Journal.

Read 2333 times
Rate this item
(0 votes)

FOLLOW US