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Feds Accuse Former Nike Worker Errol Andam of $1.4 Million Fraud


The U.S. Attorney’s Office within the District of Oregon says a former longtime Nike took a number of steps to defraud the corporate of practically $1.5 million over a two-year interval.

In accordance with a press launch, Errol Amorin Andam is charged with wire fraud, cash laundering, and making false statements on a mortgage software. Andam, who labored on the model from 2001 till he was terminated in 2018, was most just lately a North American retail model advertising and marketing supervisor, a place that put him answerable for establishing promotional pop-up occasions. The feds say Andam used these occasions to hold out his fraud scheme. 

Starting in the summertime of 2016, Andam is claimed to have employed a childhood pal as an impartial contractor to assist with the construct outs of the pop-ups. Unbeknownst to Nike, Andam was financially concerned in his pal’s firm and would ship invoices to the model by means of a pretend identify, Frank Little. 

In the course of the pop-up occasions, Andam allegedly took Sq. bank card gross sales by means of a reader for his pal’s firm, telling each Nike and his pal that the costs have been reimbursement for the quantity Nike owed for the construct outs. As an alternative, Andam would allegedly preserve the cash for himself, invoicing Nike for the complete quantities beneath the identify Frank Little. 

Andam is claimed to have used a defunct LLC as a shell firm to funnel the practically $1.5 million in Nike’s proceeds into his accounts. The mortgage software cost is expounded to a July 2018 try and safe a residential mortgage mortgage. He’s now dealing with as much as 30 years in federal jail with fines of as a lot as $4.5 million. 

Nike issued the next assertion on the matter: “Nike’s inside investigation group uncovered Mr. Andam’s exercise in 2017 and, after he was terminated from the corporate, we turned over the proof to the U.S. Legal professional. It’s unlucky that Mr. Andam, who had a job that allowed him entry to among the most fun occasions on this planet of sport, selected to abuse the belief that Nike put in him. We wish to thank the U.S. Legal professional for its efforts on this case.”

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