Source: Nike / NIkeOver the past few years, Nike has gone to rather extreme legal lengths to protect its brand and ensure no one outside the company can make any kind of bank off the iconic name, but now, we’re learning someone in the company wasn’t just raking in millions of dollars at Nike’s expense, but also exploiting his position at the Swoosh brand. According to Fox 12 Oregon, Nike’s head of Global Brand Marketing, Music Supervision, Strategy and Licensing, John Griffith, was arrested after authorities alleged that Griffith and his friend Brad Mosher stole a cool million dollars from Nike over a two-year period as part of a kickback scheme during which he picked and chose which music vendors were hired by the company. Both Griffith and Mosher were indicted on 24 counts each, which included racketeering, aggravated theft by deception, and money laundering.As to how the two-man operation worked, authorities say that Brad Mosher owned a music licensing consultancy called Good Measure LLC, whose only client was Nike. His inside man Griffith would then would set inflated prices for Mosher’s company and foot the bill to Nike, who would of course pay them without question. Mosher wo...
Nike Music Exec Indicted For Stealing A Milli From The Swoosh Brand
2 weeks ago
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- Nike Music Exec Indicted For Stealing A Milli From The Swoosh Brand
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