business
LA men among 12 indicted in $2 million Nike shoe cargo theft operation
Summary by The Los Angeles Editorial Desk · Based on reporting by Jonathan Lloyd , NBC Los Angeles (KNBC)
· July 23, 2026
· 2 min read
Twelve people, including the co-owner of a Melrose Avenue shoe retailer, were indicted this week in what authorities described as a “sophisticated” theft network that stole more than $2 million in Nike shoes from a company warehouse. The high-priced shoes, stolen from a Nike warehouse in Memphis,...
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Summary created by The Los Angeles Editorial Desk — automated, rule-governed Original reporting Jonathan Lloyd, NBC Los Angeles (KNBC) Original story Read at the source Source published Jul 23, 2026 Indexed here Jul 23, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway , 39, is also among the 12 named in the indictment, which was unsealed Tuesday in the Western District of Tennessee.
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Category: business ·
Published: July 23, 2026 ·
Source: NBC Los Angeles (KNBC) ·
Reading time: 2 min
Frequently asked about this story
What is this story about? Twelve people, including the co-owner of a Melrose Avenue shoe retailer, were indicted this week in what authorities described as a “sophisticated” theft network that stole more than $2 million in Nike shoes from a company warehouse. The high-priced shoes, stolen from a Nike warehouse in Memphis,...
When was this published? This article was first published on July 23, 2026 by NBC Los Angeles (KNBC) and curated for The Los Angeles readers.
Who reported this story? This story was reported by Jonathan Lloyd at NBC Los Angeles (KNBC). To learn more about how The Los Angeles selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Los Angeles, or browse our daily briefing and topic hubs .
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