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Sneakerhead Accused of Running Huge Air Jordan Ponzi Scheme

Zadeh Kicks promised the hottest sneakers at discount prices. Buyers say they never got their shoes and are out millions of dollars.

Air Jordan Sneakers
Air Jordan SneakersPhotographer: Tommaso Boddi/Getty Images

For years, he seemed like a wizard of Niketown – a Lamborghini-loving sneakerhead who made millions peddling rare Air Jordans at crazy low prices.

Now, this consummate shoe salesman has been accused by federal authorities of masterminding a Ponzi scheme custom-fit to these strange financial times.