CoolKicks Founder Adeel Shams Arrested Live During LAPD Raid https://newsplusglobe.com/ Description Adeel Shams, founder of CoolKicks, was arrested during a dramatic LAPD raid live-streamed on Whatnot. Charged with alleged fraud related to sneaker resale, Shams was released pending trial. CoolKicks denies counterfeit claims and vows to maintain product integrity. Follow for latest updates. Hashtags #AdeelShams #CoolKicks #LAPDRaid #SneakerResale #SneakerFraud #WhatnotLive #SneakerNews #SneakerCulture #SneakerCommunity
00:00What happens when sneaker resale meets a police raid?
00:03The Cool Kicks saga just got real.
00:05On October 2nd, Adil Shams, the man behind Cool Kicks' $9.5 million sneaker empire,
00:11was arrested by LAPD's Financial Crimes Unit during a live-streamed auction from their Melrose Avenue store.
00:17The exact charges haven't been made public, but the involvement of the Bunko Forgery Division points to allegations of fraud or counterfeit goods.
00:24The Cool Kicks has responded, firmly denying any involvement with fakes and insisting all their products are bought in good faith.
00:31They're doubling down on their commitment to authentic, high-quality sneakers.
00:34This arrest is sending shockwaves through the sneaker resale industry,
00:38spotlighting the importance of real authentication and strong documentation for buyers and sellers alike.
00:44Adil Shams is set for his first court appearance on October 23rd.
00:48For now, customers are advised to keep their receipts and watch for official updates.
00:53Stay tuned, subscribe for the latest on this developing sneaker story.
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