CoolKicks L.A. Raid Recovers $500K in Alleged Stolen Nike Objects, LAPD Experiences

The Los Angeles Police Division says its raid at CoolKicks L.A. recovered $500K in stolen merchandise — together with over 2,100 pairs of unreleased Nike sneakers

The LAPD introduced on Monday a number of divisions teamed as much as execute a search warrant on the CoolKicks L.A. warehouse positioned on the 1700 block of Stewart Road in Santa Monica.

In the course of the October 2 raid, legislation enforcement says it seized a stolen practice cargo with greater than 2,100 pairs of unreleased Nike sneakers and 150 cartons of Nike attire.

In complete, LAPD estimated the stolen objects to be valued at $500,000.

As we beforehand reported, CoolKicks L.A. proprietor Adeel Shams was arrested in the course of the raid for “Receiving Identified Stolen Property over $950.00,” a felony.

He was auctioning off objects on the Whatnot app when the raid started.

A spokesperson for the sneaker retailer known as the incident a “full shock” to your complete CoolKicks L.A. staff … and claimed there was no information the objects have been stolen.

“We entered into this buy in good religion, as we all the time have, dedicated to working an sincere enterprise constructed on integrity and belief,” the rep mentioned.

“It is very important make clear: there have been no allegations in any way from legislation enforcement that any of the merchandise have been counterfeit.”

“We deeply remorse the priority and inconvenience this case might have induced. CoolKicks has all the time stood for sincere enterprise, and that dedication won’t ever change.”