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View Full Version : Reebok India alleges Rs 8700cr fraud by sacked MD, COO - Times of India



FraudNews
05-23-2012, 02:23 PM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGlaDlT9cX2h8lqzjG4iV cdDecOKQamp;url=http://www.aljazeera.com/business/2012/05/201252310154796853.htmlimg src=//nt1.ggpht.com/news/tbn/BQFKe_9XI96TcM/0.jpg alt= border=1 width=80 height=53 /br /font size=-2Aljazeera.com/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFeTcqwdXa8Gk38CN936A juNLSlVQamp;url=http://timesofindia.indiatimes.com/business/india-business/Reebok-India-alleges-Rs-8700cr-fraud-by-sacked-MD-COO/articleshow/13401909.cmsbReebok India alleges Rs 8700cr bfraud/b by sacked MD, COO/b/abr /font size=-1bfont color=#6f6f6fTimes of India/font/b/fontbr /font size=-1If the allegations are found correct, this would be the second biggest corporate scandal after Satyam, where Ramalinga Raju is accused of orchestrating a Rs 14000 crore bfraud/b. In regulatory filings on May 1, Adidas, which owns the Reebok brand, b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHQdVCkjpiiH7xrp5zcaG RIQcMORwamp;url=http://www.reuters.com/article/2012/05/23/us-reebok-india-fraud-idUSBRE84M0RS20120523Reebok India accuses former top execs of $157 million bfraud/b/afont size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGlaDlT9cX2h8lqzjG4iV cdDecOKQamp;url=http://www.aljazeera.com/business/2012/05/201252310154796853.htmlReebok India alleges bfraud/b by top executives/afont size=-1 color=#6f6f6fnobrAljazeera.com/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHXAt2pez2tFpsu-l6Q5u3HZfuBzAamp;url=http://www.usatoday.com/money/industries/retail/story/2012-05-23/reebok-investigation-india/55156976/1Indian police investigate $158 million Reebok bfraud/b/afont size=-1 color=#6f6f6fnobrUSA TODAY/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dbu25K4S9r3P8iMqIcBA 1SjncFgZMnobrball 184 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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