Latest News

Truck driver steals $1 million worth of Lebron James Nike sneakers

By Mason White 1:01 PM December 16, 2014
Lebron James Nike sneakers illustration 

By: Feng Qian
(Scroll down for video) A truck driver thought he would get rich quickly by stealing a truckload full of Lebron James Nike sneakers.

However, after an investigation by police, FBI and other government agencies, the man was finally caught and arrested.

According to the police investigation, the man stole the truckload of 7,500 pairs of not yet released Nike Lebron sneakers from a factory in Tennessee.

Authorities recovered most of the sneakers, but about 700 pairs are still missing. 35-year-old Charles Jennings was arrested on charges of theft.

Jennings is an employee of the cargo transportation company Intermodal Cartage Group. The company has a contract with Nike, to transport their goods.

Jennings used his employee ID card to get into a safe parking area on the premises of the company in Memphis. Once inside, he got into the truck that was full of sneakers, which was worth about $1 million, and drove off.

According to authorities, Memphis is a major distribution hub for both Nike and FedEx, causing it to become a high crime area for thieves. The FBI, U.S. Marshals, and local police work tirelessly to recover stolen truckloads from the area.

Jennings reportedly sold the sneakers for $83 per pair despite having a store value of $200. He was booked into jail and released after posting $75,000 bond.