January 13, 2007

Former WWE Licensing Agent Admits To Fraud

Former WWE licensing agent Stanley Shenker pleaded guilty today in U.S. district court in Bridgeport of conspiring to defraud WWE by paying around $950,000 in kickbacks to James Bell, who was then senior vice president of licensing and merchandise. Bell has already pleaded guilty in regards to his role. Shenker paid Bell off so Bell would give his company valuable WWE licenses. source: rajah.com

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