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Counterfeit Ring Sold $73M In Fake Jordans, Feds Say

Law360 (August 7, 2018, 9:57 PM EDT) -- A Nike investigation has led to the arrest of five individuals who prosecutors say are responsible for hawking more than 380,000 pairs of fake Air Jordan sneakers worth an estimated $73 million, according to a complaint filed in a New York federal court.

The group prosecutors are calling a counterfeit ring stand accused of shipping sneakers that mimic the Air Jordan style from China to New Jersey, then transporting them to New York and adding the trademarked logos to make them appear to be genuine Nike...
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