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CoolKicks Co-Owner Indicted in Nike Heist | Hip-Hop News
Bereket Abraham, co-owner of LA sneaker giant CoolKicks, is facing federal charges alongside 11 others accused of stealing over $2 million in Nike gear from a Memphis warehouse between 2021 and 2024. Allegedly, warehouse workers used fake labels to divert high-value shipments to controlled resale networks, with Abraham and online seller Jorge Cuellar (“horeheadsales”) reportedly spending nearly $900K on stolen inventory. The scheme unraveled after winter weather disrupted shipping, exposing mislabeled packages and triggering FBI-LAPD investigations that included tracking devices leading…
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