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Investment Manager Is Accused of Stealing $25-Million

January 26, 2009, 1:06 pm

A former chief executive of the footwear company Reebok International filed a lawsuit against his longtime investment manager, accusing him of stealing more than $25-million from his business and charitable foundations, according to The Boston Globe.

The lawsuit, filed in Florida’s Palm Beach County by Paul Fireman, charges that Arnold Mullen, who worked for Mr. Fireman for 20 years, laundered millions of dollars through partnerships and business entities that he had set up.

Neither Mr. Fireman nor Mr. Mullen could be reached for comment.

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