<p>   u00a0</p>  <div id="cke_pastebin">   An FIR was lodged Tuesday against former chief of Reebok India, Subender Singh, and another top ex-employee for alleged financial irregularities that caused a loss of Rs 1,300 crore to the company.u00a0</div>  <div id="cke_pastebin">   u00a0</div>  <div id="cke_pastebin">   Singh and Reebok India&#39;s former chief operating officer, Vishnu Bhat allegedly siphoned off the company&#39;s money by creating ghost distributors and producing forged bills over the last five years.u00a0</div>  <div>   u00a0</div>  <div>   <img alt="" src="/imagedata/2012/may/reebok.jpg" style="width: 400px; height: 343px; " /></div>  <div id="cke_pastebin">   u00a0</div>  <div id="cke_pastebin">   Singh had been made the Managing Director of Adidas India last year as a part of an integration of the businesses of both Adidas and Reebok brands. When the scam was discovered earlier this year, he was dismissed from the company. Bhat&#39;s services were terminated too.u00a0</div>  <div id="cke_pastebin">   u00a0</div>  <div id="cke_pastebin">   The economic cell of Gurgaon police conducted a probe and found that Singh and Bhat had allegedly rented four warehouses without informing their seniors and used them to store goods and claimed they were supplied to genuine dealers.u00a0</div>  <div id="cke_pastebin">   u00a0</div>  <div id="cke_pastebin">   On the complaint of Shahim, stating that the duo had caused a loss of Rs 1,300 crore to the company through these irregularities, an FIR was lodged against them, police said.</div>  

AI files contempt petition against striking pilots

The company's former head and former chief operating officer are said to have siphoned large amounts of money over the last few years.

Two top ex-employees of Reebok India booked for fraud

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Home / News / India News / Article / Two top ex-employees of Reebok India booked for fraud

Two top ex-employees of Reebok India booked for fraud

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