Michael Malekzadeh, the mastermind behind Zadeh Kicks, has been sentenced to 70 months in federal prison for orchestrating one of the largest fraud schemes in sneaker history.
This 42-year-old from Eugene, Oregon swindled around $80 million from countless sneaker enthusiasts and financial institutions, leaving a trail of despair in his wake. Upon his release, he will also face five years of supervised release, alongside a court order to forfeit over $15 million in assets to his victims.
The repercussions of Malekzadeh's actions have been devastating, delaying major life milestones for many individuals who lost their savings. U.S. Attorney Scott E. Bradford did not hold back, condemning Malekzadeh's actions as driven by
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