Federal prosecutors allege a former Nike marketing executive embezzled $1.4 million from the Beaverton-based athletic footwear and apparel giant by directing work to create Nike pop-up stores to the company of a friend.
Errol Amorin Andam, 49, was charged with wire fraud, money laundering and misrepresentation on a loan application.
Prosecutors said Andam managed the design and creation of pop-up Nike stores near major sporting events, such as the Super Bowl or the NBA All Star Game.
They said that in 2016, Andam brought in a childhood friend to set up a business which he later made sure he won the contract to plan and set up the temporary stores. Federal prosecutors also accused Andam of using a false name, “Frank Little,” to bill Nike and direct credit card transactions at pop-up stores to a bank account for his own limited liability company.
Andam is also accused of forging his friend’s signature and withdrawing money from the company his friend set up without his knowledge.
Andam joined Nike in 2001 and rose from working in one of the brand’s retail stores to its corporate ranks. The federal investigation into him began around the time he left Nike in 2018.