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$500K In Stolen Train Cargo Found During CoolKicks Warehouse Raid: Police
Over 2,100 pairs of stolen Nike shoes and 150 cartons of apparel valued at $500,000 were seized, and CoolKicks CEO Adeel Shams was arrested in an ongoing cargo theft investigation.
- On Oct. 2, Los Angeles Police Department officers raided the CoolKicks warehouse on the 1700 block of Stewart Street in Santa Monica, arresting Adeel Shams and seizing about $500,000 in stolen Nike merchandise.
- LAPD Commercial Crimes Division Cargo Theft Unit, with Union Pacific Railroad Police and Los Angeles Port Police, served a search warrant at CoolKicks' Stewart Street warehouse, recovering over 2,100 pairs of Nike shoes and 150 cartons of Nike clothing linked to stolen train cargo.
- Live-Streaming an online auction, Adeel Shams was interrupted when police entered, with video on Reddit showing him asking `What the was that?` on WhatNot.
- The company responded on social media, stating CoolKicks leadership had no reason to believe the products were stolen as LAPD took three other people into custody and Shams was released on Oct. 3.
- Authorities say the investigation is ongoing and expect more arrests; Adeel Shams is set to appear in Los Angeles Superior Court on Oct. 23, and tips can be sent to the LAPD Cargo Theft Unit at 213-486-5920.
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Fox News
Fox NewsCoolKicks founder arrested after $500K worth of stolen Nike merchandise found at warehouse: police
Adeel Shams, 34, the founder of CoolKicks, was arrested at the scene and booked on suspicion of receiving stolen property. He has since been released from custody, according to jail records.
·New York, United States
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Coolkicks LA raid: $500,000 in stolen Nike merch seized from Santa Monica warehouse
Adeel Shams, the owner of popular online sneaker resale business Coolkicks, was arrested in Santa Monica last week for allegedly buying half a million dollars' worth of stolen Nike shoes and clothing, according to police.
Coverage Details
Total News Sources17
Leaning Left3Leaning Right3Center3Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
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