Independent research site. Not affiliated with the SEC, CFTC, DOJ, FBI or any government agency.

Cases / Investment funds & advisory

Zadeh Kicks LLC

Michael Malekzadeh, Bethany Mockerman

ReportedAug 3, 2022
LocationEugene, OR
Amount$85,000,000

This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.

Company / entity
Zadeh Kicks LLC
Industry
Sneaker preorder / resale business
How investors were recruited
Online sneaker resale customers who placed preorders for limited-edition sneakers.
Pitch & red flags
Collected money upfront for presale of limited-edition sneakers before release, allegedly knowing he could not fill all orders (600,000+ Air Jordan 11 Cool Grey preorders, about $70M, vs 6,000+ pairs acquired).

Source

U.S. Department of Justice official

Related cases · Investment funds & advisory

All investment funds & advisory cases →

Other cases in Oregon

All Ponzi scheme cases in Oregon →