Add Yahoo as a preferred source to see more of our stories on Google. A $300 million sneaker mogul is facing extensive fraud charges over the sale of popular shoes. Michael Malekzadeh operated a ...

Add Yahoo as a preferred source to see more of our stories on Google. For months customers questioned whether Eugene sneaker reseller Michael Malekzadeh scammed them, using their preorder money to ...

Just weeks after a former sneaker resale business owner was charged with orchestrating a multimillion-dollar wire and bank fraud Ponzi scheme, a court-appointed receiver is looking to unload nearly 60 ...

The former owner of Zadeh Kicks, a now-defunct Oregon corporation that sold limited-edition and collectible sneakers online, was sentenced to 70 months in federal prison on Jan. 6 for his role in a ...

An online resale kingpin could face as many as 30 years in prison amid scathing allegations that he sold limited-edition and collectible sneakers that he knowingly could not fulfill, swindling ...

A sneaker mogul who made millions of dollars selling Air Jordans in the sneaker resale business is facing charges of fraud as his $300 million empire crumbles. Michael Malekzadeh, founder of Zadeh ...

The former owner of online sneaker company Zadeh Kicks was sentenced to 70 months in federal prison. Michael Malekzadeh pleaded guilty to wire fraud and conspiracy for a scheme that cost customers $65 ...