Add Yahoo as a preferred source to see more of our stories on Google. The other shoe has dropped for former Alden Shoe Co. chief financial officer Richard Hajjar, who agreed to plead guilty to a host ...

BOSTON (AP) — A former top executive at a nearly 140-year-old shoe manufacturer in Massachusetts pleaded guilty Wednesday to embezzling $30 million from the company and spending it on luxury items and ...

The former CFO of Alden Shoe Co., a Massachusetts-based shoe company, will plead guilty to wire fraud, unlawful monetary transactions, and filing a false tax return. According to the Massachusetts U.S ...

The former chief financial officer of Alden Shoe Co., a family-owned footwear maker in Middleborough, pleaded guilty Wednesday to embezzling $30 million from the company and spending it on luxury ...