It's Not Just the Wrestling That's Fake - Former World Wrestling Entertainment Licensing Agent Indicted on Fraud Charges

Stanley Shenker, former licensing agent for the World Wrestling Federation and owner of S & S Associates Inc., was charged earlier this week with one count of conspiracy and three counts of interstate transportation of money obtained by fraud. Shenker is accused of providing (drop)kickbacks to a former WWE licencing exec in exchange for S & S Associates receiving commissions on phoney licensing agreements.

The kick-ee in this case was former WWE senior vice president of licensing and merchandising, James Bell. Bell himself was convicted on mail fraud charges last year and is currently awaiting sentencing. WWE for its part has referred to Shenker as a serial perjurer (a phrase first directed at Shenker by Stamford Superior Court Judge Chase T. Rogers) and filed a related lawsuit back in 2004 against Shenker and Bell as well as two companies holding WWE product licenses, toy manufacturer Jakks Pacific and video game powerhouse, THQ. The outcome of that case is still pending.

More here, via the Hartford Courant.

-- MDT