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Reebok India lodges FIR against former top employees

Updated on May 23, 2012 03:58 pm IST

Reebok India has lodged an FIR with the police, accusing its former managing director Subhinder Singh Prem and COO Vishnu Bhagat of orchestrating a financial fraud of Rs 8,700 crore. According to the complaint, the duo also fudged accounts and indulged in fictitious sales and had set up a "secret warehouses," causing whopping loss to the company.

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