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Four Arrested Over $58,000 Nike Sneaker Scam

Reports indicate that four suspects have been arrested in China for trying to steal $58,000 worth of authentic sneakers from Nike.

According to Shinethe four suspects ordered over 200 pairs from Nike’s online store. Once they received them, they replaced all of the pairs with fake sneakers and attempted to send them back for a full refund. Meanwhile, they were selling the legit pairs through their three web stores for under retail.

Authorities in the Yangpu District of Shanghai began investigating the matter back in August when Nike identified they had been receiving multiple refunds with fake sneakers starting in June. Two of the suspects were originally caught on Nov. 28. The other two would later turn themselves in. They have allegedly confessed to the wrongdoing.

There is currently no further information on the penalties these individuals will face for their fraudulent actions.

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