Nike Theft Ring

Lost Soles: Sneaker Theft Ring Hits Nike HQ

In sneaker culture, certain editions of shoes – Player Editions, Samples, and Family & Friends exclusives – are difficult to get a hold of. Yet, it seems the same “lucky” folks are able to get their hands on exclusive pairs time and time again. Later on, we end up seeing the same sneakers on websites with a bloated price tag. However, they still end up getting purchased. Unbeknownst to the consumer, they are buying stolen goods.

In what looks to be a massive sneaker reselling ring, Sole Collector revealed a detailed plot that three former Nike Employees participated in over a period of eight years, which can be seen below.

* Jason Michael Keating, of Florida, was arrested and charged with recieving stolen property, aka, sample sneakers.

* Tung Ho, who worked as a promo product manager and was able to order sample shoes, was seen under surveillance leaving Nike’s campus with samples and arriving at a self-storage facility to unload boxes believed to hold shoes.

* Kyle Yamaguchi, who held the same position as Ho for five years prior to leaving Nike in the spring of 2012, recieved large cash deposits and funds transfers from Keating’s account to the tune of at least $221,000, which he told bank investigators was recieved for a large shoe collection he was selling on behalf of another individual.

* Between November 2012 and March 2013, checks totaling $104,000 were written by Yamaguchi to Ho.

* Following a search of Ho’s home, close to 1,950 pairs of Nike’s were siezed, along with a large amount cash. Ho has admitted to stealing several hundred pairs of samples from Nike. He explained that he would order samples from China, then sell them on eBay or through Yamaguchi.

An update was made via Sole Collector, which stated that Nike became legally involved by filing a federal lawsuit against five people related to the scheme:

* Former Nike employees Kyle K. Yamaguchi, Tung W. Ho and Denise W.C. Yee, have all been been named, as well as Yamaguchi’s wife, Shu-Chu Yamaguchi, and the previously arrested Jason M. Keating.

* Among the allegations, the lawsuit alleges trademark infringement, fraud, and breach of contract.

* The scheme, according to the complaint, dates all the way from 2006 to 2014.

We can’t help but wonder what happened to the 1,950 pairs of samples that were seized from Tung Ho’s house.

Related Articles


What the Strike in China Means for Sneakerheads


Will Twerk For Handcuffs: Oregon Women Arrested for Twerking


Teen Sentenced to 44 Years After Murdering University Student for a Pair of Air Jordans


President Obama Makes Another Plea for Gun Control After Oregon School Shooting


White Privilege?: The Peaceful Response to a Militant Takeover


Oregon Judge Will Bill Ammon Bundy $70,000 a Day for Occupying Federal Land


Latest News

lamar odom's lawyer writes espn a letter after stephen a. smith's "crack" comments Sports

Lamar Odom’s Lawyer Pens Letter to ESPN Over Stephen A. Smith’s “Crack” Comments

Stephen A. clowned Odom’s addiction on ESPN this week in a clip that’s now viral
Meek Mill's crew apparently attacks Safaree in Los Angeles. News

Safaree Gets Jumped, Calls Meek Mill “Biggest Pussy On This Planet”

Meek remains unfazed

With ‘Project E.T.,’ DJ Esco and Future Gave Listeners “Too Much Sauce”

"Yeah, all of my diamonds they shine, Haters like knock that off"
Metro Boomin drops a new song with Drake and Offset Music

Metro Boomin Drops Surprise Drake, Offset Collab, “No Complaints”—Is Album Next?

The Atlanta producer's got everybody lookin'
Zola News

Viral Dancing Gorilla Sad Reminder Of What Harambe Could Have Been

Impressive moves but... damn
tupac filmmakers sued by former vibe writer Film

‘All Eyez On Me’ Filmmakers Sued for Using Fictional Characters in Tupac Biopic

Former ‘VIBE’ writer claims the movie steals his intellectual property
Call of Duty 4 Screencap Remastered Tech/Games

‘Call of Duty 4: Modern Warfare Remastered’ Standalone Release Coming Soon

COD fans who skipped the $80 'Infinite Warfare' bundle are psyched
memesmahnegguh, coco mango cherry Hey, You're Cool

Hey, You’re Cool! @memesMahNegguh

Adult Swim, holler at your boy!
Banksy News

Goldie Refers to Banksy as “Rob,” People Freak Out

You do realize how many Robs there are in the world, right?

New Music From Vince Staples, dvsn, Heems and More

The Listening Room (June 23, 2017)
2017 Draft Class Sports

The Major Takeaways from the 2017 NBA Draft

Last night we watched men both younger and way more talented than us become way richer than us. Welp
Sizzla-DJ-Khaled News

The Untold Story Behind DJ Khaled and Sizzla’s “I’m So Grateful”

Khaled and Kalonji go way back
Eric B. & Rakim will reunite to celebrate 30th anniversary of Paid In Full. Music

Eric B. & Rakim Announce First Show Together in Over 20 Years

Finally let the rhythm hit 'em
essex-market-featured Art

‘Market Surplus’ Gives a Building on the L.E.S. One Last Jolt Before Demolition

Mural art show features Faust, Lamour Supreme, ELLE and more
Silicon Valley: The Soundtrack is available now. Music

Stream ‘Silicon Valley: The Soundtrack,’ Featuring Nas, Run the Jewels, Wu-Tang ...

A Mass Appeal and HBO collaboration, streaming now
Jay 305 talks about Suga Free's 'Street Gospel' album. Music

Jay 305 Preaches on Suga Free’s Classic ‘Street Gospel’