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Los Angeles Times
Los Angeles Times
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A federal grand jury has indicted Los Angeles sneaker retailer CoolKicks and 11 others for operating a $2 million theft ring targeting Nike’s Memphis warehouse. The group allegedly redirected stolen sneakers from the warehouse to resellers across the country between 2021 and 2024. Police recovered approximately $500,000 worth of stolen Nike goods during a raid on CoolKicks’ Los Angeles warehouse.
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