Coolkicks LA raid: $500,000 in stolen Nike merch seized from Santa Monica warehouse
$500,000 in stolen Nike goods recovered in Santa Monica
The train cargo theft investigation led to the arrest of the owner and CEO of shoe seller Coolkicks.
SANTA MONICA, Calif. - The owner of a popular online sneaker resale business was arrested in Santa Monica last week for allegedly purchasing half a million dollars' worth of stolen Nike shoes and clothing, according to the Los Angeles Police Department.
What we know:
On Thursday, Oct. 2, a multi-agency operation led by the Los Angeles Police Department's Commercial Crimes Division served a search warrant at Coolkicks' warehouse on Stewart Street in Santa Monica.
During the raid, detectives recovered stolen train cargo, including over 2,100 pairs of stolen Nike shoes and 150 cartons of various Nike clothing worth an estimated $500,000.
The suspect, Coolkicks founder Adeel Shams, 34, was arrested at the scene. He was booked for receiving stolen property.
What's next:
The investigation into the cargo theft is ongoing, and authorities expect to make more arrests.
Anyone with information is urged to contact the LAPD Commercial Crimes Division, Cargo Theft Unit at 213-486-5920. Anyone wishing to remain anonymous should call the L.A. Regional Crime Stoppers at 1-800-222-TIPS or go directly to lacrimestoppers.org.
The Source: Information for this story is from the Los Angeles Police Department.