Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / articles / former facebook nike dei manager entrusted with doin mwn benzinga


NKE - Former Facebook Nike DEI Manager Entrusted With 'Doing The Right Thing' Gets Over 5 Years In Prison For $5M Fraud | Benzinga

A former diversity manager at Facebook and Nike has been sentenced to over five years in prison for orchestrating a multi-million dollar fraud scheme.

What Happened: Barbara Furlow-Smiles, a Georgia resident, was found guilty of wire fraud in December. She was charged with embezzling over $4.9 million from Facebook using a fraudulent vendor scheme, fake invoices, and cash kickbacks, reported CNBC on Thursday.

"After being terminated from Facebook, she brazenly continued the fraud as a DEI leader at Nike, where she stole another six-figure sum from their diversity program," Atlanta U.S. Attorney Ryan Buchanan said in a statement.

She used the stolen money to fund a luxurious lifestyle in California, Georgia, and Oregon. Furlow-Smiles, 38, was a lead strategist and global head of employee resource groups and diversity engagement at Facebook, a subsidiary of Meta Platforms Inc.

See Also: ‘Big Short’ Fame Investor Expects Elon Musk’s Tesla Shares To Plunge 70%: ‘People Are Going To Start To Lose Patience’

Prosecutors revealed that she ...

Full story available on Benzinga.com

Stock Information

Company Name: Nike Inc.
Stock Symbol: NKE
Market: NYSE
Website: nike.com

Menu

NKE NKE Quote NKE Short NKE News NKE Articles NKE Message Board
Get NKE Alerts

News, Short Squeeze, Breakout and More Instantly...