CoolKicks Founder Arrested for $500K Stolen Nike Merchandise

Adeel Shams, founder of CoolKicks, has been arrested after police found over $500,000 worth of stolen Nike merchandise in a Southern California warehouse. This incident, involving more than 2,100 pairs of shoes and 150 cartons of apparel, raises significant concerns about theft in the sneaker resale market and the integrity of retail businesses. The ongoing investigation may have wider implications for both retailers and consumers.