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60,000 pairs of sneakers to be sold from 85 million dollar re-sale scheme

Online sneaker store Zadeh Kicks was once the go-to platform for sneaker resale, specialised in limited edition and hard-to-get styles. But for years owner Michael Malekzadeh was running an apparent Ponzi scheme, and last year recorded over 84,500 pre-orders valued at 100,000,000 dollars. Many customers are yet to receive their orders or be...

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