Police Recover $7M Worth of Nike Sneakers in Bust

Los Angeles police recovered millions of dollars worth of stolen shoes stashed away in a warehouse on June 21.

Detectives first learned about this case after receiving a report of several cargo containers being stolen from trucks near the Port of Los Angeles. Investigators tracked the sneakers to Torrance and served a search warrant for the warehouse.

The total amount of stolen merchandise ranges between $3 and $7 million, police said, confirming that the investigation is ongoing and that they have several suspects they’re attempting to locate, suggesting arrests are likely in the near future.

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The thefts did not surprise the employees at Coolkicks on Melrose Avenue. The store specializes in limited-release Nike Jordans, which are always in high demand and worth a lot of money.

“We have shoes in here that start at $150, we have shoes in here that go for $15,000 to $20,000,” said Frank Garriola, an employee at Coolkicks.

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