Feds Say Handbag CFO Swiped $4 Million

MANHATTAN (CN) - The CFO of a company that makes handbags for Tommy Hilfiger embezzled more than $4 million from Hilfiger from 2004 to 2007, federal prosecutors say. The complaint identifies Martin Bodner only as the former CFO of a "handbag design company," and says he took the money in at least 75 electronic bank transfers and claimed it as "personal expenses".

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