23/07/2014 10:50
A Florida shoe collector and two former Nike workers have been indicted on federal charges after authorities say they worked together for several years sell and to steal a huge selection of limited-edition business sneakers.
A federal grand jury indicted Jason M. Keating, Kyle K. Yamaguchi and Tung W. Ho additionally faces counts Yamaguchi is also accused of interstate transfer of stolen goods and Keating faces an added receipt of stolen goods charge.
The federal charges come after Nike sued Ho, Yama red nike blazers low.uchi, Keating, Yamaguchi's wife and another ex-employee in April to regain losses in the unsanctioned sneaker sales. Keating was arrested on a charge of receipt of stolen property.
Keating, 35, of Fort Myers, Fla., is scheduled for a July 16 appearance in U.S. District Court in Portland, court records reveal. He is the only person who was arrested in this case.
Nike alleges in its suit the three guys were involved with a scheme that stretched from 2006 to 2014 in which Yamaguchi and Ho purchased promotional and samp nike blazers pink.e shoes for themselves, then later sold shoes to Keating, who subsequently resold the footwear.
Keating is accused of selling the sneakers to small businesses in New York, Oregon, California, Florida and New Jersey.
Yamaguchi and Ho agreed to work together to sell the Nike sneakers that were rare in 2012, based on a federal indictment filed Wednesday. Between September 2012 and March 2014, Keating paid Yamaguchi nearly $680,000 for more than 630 pairs of purportedly stolen Nike shoes, the indictment said.
Promotional and sample products consist of items usually made for an athlete, team, celeb or other influential people and in some instances never become retail products. Federal investigators say individual pairs of the uncommon Nike sneakers could be sold for prices which range from $1,000 to more than.
Yamaguchi worked as a promotional merchandise manager for Nike's basketball department between 2012 and 2006, when Ho resigned from the business and He replaced him. Ho was fired by Nike in March in connection with the alleged sneaker thefts.
The two were part of a limited group of employees capable to directly order sample and promotional footwear from Nike manufacturing facilities that were authorized in China, the indictment said.
Yamaguchi, 33, of Portland, kept the sneakers he ordered or sold them to others, based on court files. Once Nike was left by him, he bought sneakers ordered by Ho, 36 and then resold them for 20 percent commission of the total sale to other buyers and Keating, the indictment said.
Yamaguchi resigned from Nike to begin a sha cheap nike blazers for women.es company called LOOK/SEE. Nike refers to try shoes internally as Look See merchandises. Yamaguchi exhibited glasses at sneaker conventions next to the uncommon footwear while working at Nike, the indictment said he got.
Yamaguchi played a hand in choosing Ho as his replacement and advised him to conceal the wide range of uncommon sneaker orders by charging them to different cost centers in Nike's system, the indictment said.
Ho told investigators he stole several hundred sneakers from Nike and made $15,000 selling them on eBay, court records said. Authorities confiscated an undisclosed sum of cash and nearly 1,950 pairs of Nike sneakers from Ho's home in March.
