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False Assets Reported to Auditors: Guilty Plea by Cooperating VP
More charges have been announced in the continuing investigation of Just-For-Feet's (JFF) finances. Steven G. Dodge, a former vice president for U.S. Sales for Converse, Inc., was charged with conspiracy to submit false statements to the auditors of JFF and to falsify the books and records of JFF. Dodge allegedly sent JFF's auditor, Deloitte & Touche, an audit-confirmation letter stating that Converse owed JFF approximately $412,000 for advertising or merchandise sold, knowing that JFF in fact was not owed the money. Dodge agreed to plead guilty to a one-count criminal information, and to cooperate with the federal government's ongoing investigation.
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