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Rushi Jain
Himisha Bhansali
Juhi Raghuwanshi
Ayushi Gala

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Conflict of interest.

Lack of accountabiity.

Fraud with government authority.

Mismanagement.

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FIR FILED IN GURGAON  POLICE  STATION                              

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FIR FILED IN GURGAON  POLICE  STATION                              

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Over-invoicing to the tune of Rs 147 crore .

Running a false franchisee referral programme, receipts from which were about Rs 114 crore.

Maintaining four secret warehouses where company goods were diverted, all of which have been sealed and goods confiscated.

Raising fake invoices of about Rs 98 crore to show higher sales and claim promotions, bonus and incentives.

Raised finance from Banks by using fake invoices.

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Founded in England in 1895 named J.W.FOSTER AND SONS.

MANUFACTURER OF TRACK SHOES.

Renamed REEBOK in 1958.

Started it operations in India in 1996.

Adidas of Germany took over Reebok an US brand.

Reebok India under Shubinder Singh was very aggresive and pioneered 'guaranteed dealer margins' to push sales.

This practice was not favoured by Adidas in view of its German conservative  roots.

There was a stand off between new management  and Shubinder right from the beginning.

This led to an all out war.

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http://economictimes.indiatimes.com/et-now/corporate/reebok-scam-hurts-adidas-sales-hit-by-euro-153-mn/videoshow/18853427.cms

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There are no such environmental effects due to the reebok scam as it involved mainly fake sales and secret warehousing of goods.

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Unethical decisions were taken due to which the scam took place. A major social impact of this scam was that many of the employees working at reebok lost their jobs as the sales of the company drastically declined and adidas took over reebok.

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Shockwaves ran through corporate India in May 2012, when Reebok India filed a complaint alleging criminal conduct on part of its former Managing Director, SUBHINDER SINGH PREM, and former Chief Operating Officer (C00), MR.VISHNU BHAGAT.
The criminal complaint, which was filed by Reebok India’s Financial Director, Shahin Padath, on behalf of the company, alleged a fraud to the tune of a whopping ₹87 billion . Although the sum was later whittled down to ₹8.7 billion, the fraud nonetheless attracted the attention of various investigation agencies .