23/07/2014 10:49
A federal grand jury indicted Jason M. Keating, Kyle K. Yamaguchi and Tung W. Ho Wednesday on charges of conspiracy receive, to transport and sell stolen goods, court records reveal. Ho also faces counts Yamaguchi is, in addition, accused of interstate transportation of stolen goods and Keating faces an additional receipt of stolen goods charge.
Keating was arrested on a charge of receipt of stolen property.
He's the sole person that has been detained in this case.
Nike alleges in its suit the three men were involved with a scheme that stretched from 2006 to 2014 Yamaguchi and Ho ordered promotional and sample shoes from Nike factories for themselves, then afterwards sold Keating, who then resold the footwear shoes.
Keating is accused of selling the sneakers to small businesses in Oregon, California, Florida, New York womens pink nike blazers.nd New Jersey.
Ho and Yamaguchi agreed to work collectively to sell the rare Nike sneakers in 2012, in accordance with a federal indictment filed Wednesday. Between September 2012 and March 2014, Keating paid almost $680,000 for more than 630 pairs of purportedly stolen Nike shoes to Yamaguchi, the indictment said.
Products that are promotional and sample contain things normally made for an athlete, team, star or other influential people and in certain cases never become retail products. Federal researchers say individual pairs of the rare Nike sneakers could be sold for prices which range from $1,000 to more than $20,000 among shoe collectors.
Yamaguchi worked for Nike's basketball office between 2006 and 2012 as a promotional product manager, and then he was replaced by Ho when he resigned from the company. Ho was fired by Nike in March in connection with the alleged sneaker thefts.
The two were part of a limited group of employees able to directly order sample and promotional footwear from authorized Nike manufacturing facilities in China, the indictment said.
Yamaguchi, 33, of Portland, kept the sneakers he sold them to others or ordered, according to court records. Once Yamaguchi left Nike, he purchased sneakers ordered by Ho, 36 and then resold them for 20 percent percentage of the entire sale to other buyers and Keating, the indictment said.
Yamaguchi resigned from Nike in 2012 to begin a shades company called LOOK/SEE. Nike refers to sample shoes internally. Yamaguchi displayed glasses at sneaker womens nike blazers low.ustoms next to the rare footwear while working at Nike, the indictment said he got.
Yamaguchi played with a hand in selecting Ho as his replacement and advised him to conceal the great deal of uncommon sneaker orders by billing them to different cost centers in Nike's system, the indictment said.cheap nike blazers for women
Ho told investigators that he made $15,000 selling them on eBay and stole several hundred sneakers, court records said. Authorities seized nearly 1,950 pairs of Nike sneakers and an undisclosed sum of cash from Ho's house in March.
