Two sneaker resellers based in Eugene, Oregon, pleaded guilty Thursday to a more than $80 million dollar fraud scheme.
Zadeh Kicks’ owner Michael Malekzadeh and Chief Financial Officer Bethany Mockerman were charged with falsifying information on multiple bank loan applications, and receiving more than $15 million in the process.
Malekzadeh was also charged with wire fraud against customers. According to the U.S. Department of Justice, he owed more than $65 million in unfulfilled shoe orders by April 2022…