12 indicted in $2 million Nike shoe thefts

What prosecutors allege

According to the indictment:

• The group is accused of participating in a coordinated theft ring involving Nike footwear.

• The stolen merchandise is alleged to have been worth about $2 million.

• Among those indicted is the co-founder of a well-known Los Angeles sneaker store.

Prosecutors allege the stolen shoes were trafficked through the resale market, though the full details of the alleged operation are expected to be presented in court.

Investigation

The case follows an investigation by federal authorities into the alleged theft and distribution of high-value sneakers.

Nike products—particularly limited-edition releases—can command significant prices on the secondary market, making them attractive targets for organized retail theft.

Legal status

An indictment is a formal accusation, not a conviction. All 12 defendants are presumed innocent unless and until proven guilty in court.

Bottom line

Twelve people, including the co-founder of a prominent Los Angeles shoe store, have been indicted in an alleged scheme involving the theft and resale of roughly $2 million in Nike footwear. The criminal case will now move through the federal court system.