Alice H. Martin, United States Attorney for the Northern District of Alabama, Carmen S. Adams, Special Agent in Charge, Federal Bureau of Investigation, and Richard C. Smith, Deputy Chief fo the Fraud Section of the Criminal Division, Department of Justice announced that Thomas Shine, former President of now-defunct Logo Athletic, Inc. and SVP of sports and entertainment marketing worldwide for Reebok International Ltd., was sentenced on Thursday.
Shine was sentenced by United States District Judge Robert B. Propst to 6 months' home detention, 3 years' probation, and a $10,000 fine.
Shine, was charged in a criminal Information with conspiracy to submit false documents to Just For Feet auditors and to falsify Just For Feet books and records. According to the Information, in or around February 1999 and continuing through on or about April 23, 1999, Deloitte & Touche performed its annual audit of Just For Feet's financial statements for the fiscal year ending January 30, 1999. As part of the audit process involving Just For Feet's accounts receivable, Deloitte & Touche requested certain vendors to provide written, independent confirmation of the amounts they owed Just for Feet. This was done in the form of an “audit confirmation letter”.
The investigation was conducted by Special Agents of the FBI, with assistance from the Sec, Atlanta District-Enforcement Division. The prosecution was handled jointly by the United States Attorney's Office for the Northern District of Alabama and the Fraud Section of the Criminal Division of the Department of Justice, Washington, D.C.
