$200MM Ponzi Scheme Committed by International Sneaker Reseller

Forensic Accounting, Strategic Planning, Secured & Liquidated Assets

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The Bottom Line:

Owner / operator of international sneaker reseller located in the Pacific Northwest pre-sold sneakers and collected payment but failed to deliver the products in $200MM Ponzi Scheme.


Cooperated with AUSA (DOJ), FBI, and HSI in their investigations. Led forensic accounting. Worked with creditors to address charge-back claims. Secured and inventoried over 60,000 pairs of sneakers. Developed and implemented a strategic plan to liquidate inventory through various outlets, including bulk sales and EBay, to maximize the recovery for creditors.

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