{"id":959720,"date":"2021-02-05T13:08:51","date_gmt":"2021-02-05T19:08:51","guid":{"rendered":"https:\/\/www.snkrsday.com\/?p=959720"},"modified":"2022-09-21T18:13:38","modified_gmt":"2022-09-21T23:13:38","slug":"former-nike-employee-charged-1-million-in-fraud-scheme","status":"publish","type":"post","link":"https:\/\/www.snkrsday.com\/former-nike-employee-charged-1-million-in-fraud-scheme\/","title":{"rendered":"Former Nike Marketing Manager Charged in $1.5M Fraud Scheme"},"content":{"rendered":"\n

A former Nike<\/a> marketing employee was charged in a $1.5 million fraud scheme in an effort to “defraud the company,” said U.S. Attorney Billy J. Williams as reported by Eugene, Oregon’s KEZI. <\/p>\n\n\n\n

Errol Andam used pop-up venues to send invoices to Nike from 2016 to 2018 and embezzled $1.5 million worth of Nike proceeds. Andam, 49, worked for Nike from 2001 up until his termination in 2018. He managed the design, build-out, and operation of pop-up retail venues at sports competitions and other events across the country.<\/p>\n\n\n\n

He now faces several charges including wire fraud, money laundering, and making false statements on a loan application. Andam would serve a maximum sentence of 30 years in prison, fines of up to $4.5 million, and five years of supervised release if convicted<\/p>\n\n\n\n

Keep it locked on Snkrs Day as we await to see if the story develops. <\/p>\n","protected":false},"excerpt":{"rendered":"

A former Nike marketing employee was charged in a $1.5 million fraud scheme in an effort to “defraud the company,”…<\/p>\n","protected":false},"author":328301,"featured_media":959721,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"cultivate_rss":[],"class_list":{"2":"type-post"},"acf":[],"yoast_head":"\nFormer Nike Employee Charged $1.5M in Fraud Scheme | Snkrs Day<\/title>\n<meta name=\"description\" content=\"Former Nike marketing manager is charged in a $1.5 million fraud scheme. 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