November 04, 2015
A New York federal court Tuesday handed a former Foot Locker executive a four-month prison sentence and ordered her to pay nearly $350,000 in restitution for accepting kickbacks in an $18 million bank fraud scheme.
September 28, 2015
A former Foot Locker executive is asking for leniency as she faces sentencing in New York federal court in connection with charges that a supplier bribed her to approve false bills, saying Monday she was responsible for very little of the total wrongdoing in the $18 million scheme.
September 09, 2015
A Manhattan federal judge on Wednesday sentenced two "lieutenants" who assisted former G3 Displays CEO Steven Kaitz in facilitating an $18 million bank fraud to 24 months and 21 months in prison, one day after sentencing Kaitz to 40 months in jail.
September 01, 2015
Prosecutors have asked a New York federal judge to reject a retail design CEO’s request for a lenient sentence after he pled guilty to conspiracy to commit wire fraud, saying he defrauded lenders of more than $18 million solely out of greed.
May 05, 2015
The 31-year-old nephew of G3 Displays CEO Steven Kaitz pled guilty Tuesday to assisting the retail design company overstate its accounts and income to lenders in an $18 million fraud, telling a federal judge he helped prepare fudged documents at the behest of his uncle.
May 04, 2015
Retail design executive Latchmee "Robbie" Mahato and former Foot Locker Inc. In-store Marketing Director Kathleen Smith admitted to conspiracy charges in Manhattan federal court Monday, stemming from what authorities characterized as an $18 million bank-fraud and kickback scheme hatched by Mahato's shuttered G3 Displays business.
April 23, 2015
Retail design CEO Steven Kaitz pled guilty to an $18 million bank fraud in Manhattan federal court Thursday, saying financial pressure on his business and demands for kickbacks from a now-fired Foot Locker Inc. director pushed him into breaking the law.