Reebok India accuses former top execs of $157 million fraud

MUMBAI - Reebok India, owned by Germany's Adidas, lodged a police complaint against two former top executives accusing them of fraud that had led the company to lose 8.7 billion rupees. Photo: ReebokThe alleged fraud would be the most high-profile corporate scandal in India since 2009 when Satyam Computer's former chairman and founder Ramalinga Raju revealed that the company had overstated profits and falsified assets for years. Reebok India is accusing former India Managing Director Subhinder

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