Steve Dodge, the former vice president of U.S. Sales for the pre-Nike Converse, Inc., was sentenced on Tuesday by United States District Judge Judge C. Lynwood Smith Jr. in the ongoing Just for Feet fraud case. Dodge will serve 18 months probation with special conditions and four months home detention. He will be required to pay a $2,000 fine.
Dodge had agreed to plead guilty to conspiracy to submit false statements and to falsifying the books and records of JFF. He could have received up to five years in prison and a $250,000 fine. Like Jon Epstein's case last week, the U.S. Attorney filed a motion to depart from normal sentencing guidelines, citing his “substantial assistance to authorities”.
In related news, SEW spoke with an attorney close to the Epstein case and discovered that Mr. Epstein has also settled with the Securities and Exchange Commission in their suit filed in the JFF case. According to the attorney, Epstein must pay an additional $35,000 fine, but will not be restricted from serving as a corporate officer.
