Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2021
Richard Hajjar embezzlement case
Former Alden chief financial officer Richard Hajjar pleaded guilty to embezzling more than $30 million from the company. Reference material states that roughly $17 million was transferred to a business operated by his partner, Bianca de la Garza. Hajjar was ordered to serve nearly six years in prison.
2020
Alden Shoe Company lawsuit alleging embezzlement
Lawsuit filed
Alden Shoe Co. filed a civil lawsuit alleging that its former CFO, Richard Hajjar, embezzled $27 million from the company and funneled $15 million to Bianca de la Garza's TV and fashion businesses. Bianca de la Garza, Lucky Gal Productions, and BDG Enterprises were named as defendants in the suit.
Stated objective. To recover the $27 million allegedly taken from the company.
Source excerpt
Alden Shoe Co., a family-owned footwear maker in Middleborough, has filed a civil lawsuit in Suffolk Superior Court alleging that its former vice president and chief financial officer, Richard Hajjar, embezzled $27 million from the company and funneled $15 million of it into the TV and fashion businesses of de la Garza, a former news anchor who runs a beauty business under the name BDG Enterprises.
The company also sued Hajjar in Plymouth Superior Court to recover the $27 million, allegedly stolen from 2011 to 2019.
Bianca, Lucky Gal, and BDG were all named as defendants in the lawsuit.