A Ma Maniere AJ5 *** UPDATE *** Feds enter the chat

[headdetective]

Of course they knew.

But it ain’t what you know, it’s what you can prove.

 

[HomeLe$$ Trillionaire]

I got a ups notification about a shipment from IN, I did just place a order from Nike but for 2 shoes and the shipment is 2lbs

 

[Magic33]

Can’t celebrate a cat goin to prison

Reading some of these replies, some of yall sound like this news of him gettin caught up made your day.

He ain’t the only one out here tryin to finesse more bread, he just the latest one that got caught.

Your favorite brand/corporation is probably up to worse…

Dudes are weirdos. Being giddy, because they got their feelings hurt in the store.

and talking about China like 80% of Nike products aren't made there.

 

[TheShortestStraw]

Well crap, I haven’t received shipping confirmation yet…guess I should temper my expectations.

I hope this whole release doesn’t fall through. And I hope this isn’t disastrous for all the people employed.

 

[thedailyclt]

Nobody is celebrating someone going to prison but at the end of the day it’s laws. You break them you do the consequences, I can’t get in my car speed get caught and tell the judge well everyone else does worst. Don’t work that way

 

[frenchbreadbuilds]

Like I said above, without backdooring gr's, boutiques don't exist. Let's hope the others are invoicing their backdoor transactions and paying taxes on them.

I'll be honest and say that then selling to someone in China isn't a huge surprise. That hasn't been a huge secret. Pretty sure some bot groups already knew about it too. I just assumed it was on the up and up bc of how non lowkey it was.

Folks don’t even realize how many pairs get sold before release date. You would think they’d atleast be doing things in a way to be square with the IRS.

 

[dblplay1212]

All those release dates people sat outside too support your business and you were backdooring your stock that’s straight up shady

That's what people will think and why people will be happy about this but that's not what was happening at all. It was gr Jordan and gr Nike to hit certain sales quotas to hit tier 0. People weren't lining up for the pairs that were going to China. The pairs that people lined up for were easy to move. It's the 1800 pairs of a random gr Jordan 5 that would sit for months and eventually be shipped back to Nike and end up in an outlet. If you move them, they love you. If you ship them back, it's a mark against you. I've talked about this game many times on here but a lot of people still don't grasp how it works. Seems like James just picked the wrong person to sell to.

 

[dblplay1212]

Folks don’t even realize how many pairs get sold before release date. You would think they’d atleast be doing things in a way to be square with the IRS.

Dead on. Every shop has people they sell gr's prior to release for below retail. Retail is $200, cost is like $120. They sell them to someone for like $150 and that person can move for $180-200 a pair and make a little but they have to get rid of them asap before release date bc then prices tank. Everyone wins. But yea the IRS and China angle seems to be the issue here.

 

[Davey Magoo]

Soooo the dusks aren’t getting released because some jerk is a money launderer?

 

[Public Enemy]

Sucks for all the people employed too. They'll have to go out and find new jobs, with new worry about money and making ends meet, right at the start of the holidays.

 

[sfsjjang98]

Woke up to all of this.
If I still have no emails at all.
Don't see any indicator I won the raffle
What do I do about this charge on my card?
How would I go about getting this money back or do I just wait and hope the sneakers show up one day?

 

[dblplay1212]

Sucks for all the people employed too. They'll have to go out and find new jobs, with new worry about money and making ends meet, right at the start of the holidays.

Little early for that, nobody has even been charged yet. Curious to see the whole story.

 

[trappedintime]

Dead on. Every shop has people they sell gr's prior to release for below retail. Retail is $200, cost is like $120. They sell them to someone for like $150 and that person can move for $180-200 a pair and make a little but they have to get rid of them asap before release date bc then prices tank. Everyone wins. But yea the IRS and China angle seems to be the issue here.

They have him on 3 years of surveillance. This was the final move stinging the drop and seizing the money. They wait to do this until the end for the very reason that things become public. Can’t hide that charges are coming for very long.

And let’s be clear: comparing manufacturing in China that just about every company does to working with a mirror exchange/laundering ring and doing 255 meet ups with a Chinese prostitute to collect is wild. These are worlds apart.

Backdooring a size run of a GR to an American and paying taxes even at your wholesale price is a HUGE difference. Orders of magnitude difference. Tens of thousands of pairs of shoes each year.

The best part is the court filing showing the TWG accountant being left in the dark on all this. Jimbo was running his own personal greed train! I hope anyone with that much influence in this market gets run over by their own creation.

 

[jordanhead718212]

Ya panicking over nothing, like a 1% chance this release gets cancelled. What is Nike gonna do with all them shoes, send them to outlets? Just relax, you'll get ya shoes

 

[Magic33]

Well crap, I haven’t received shipping confirmation yet…guess I should temper my expectations.

I hope this whole release doesn’t fall through. And I hope this isn’t disastrous for all the people employed.

I didn't get shipping confirmation. Just saw label creation and movement from FedEx

 

[Public Enemy]

Little early for that, nobody has even been charged yet. Curious to see the whole story.

Feds don't play though. If you're an employee at one of the stores like a clerk or something, I can't imagine hearing about this and not being worried.

 

[Magic33]

Ya panicking over nothing, like a 1% chance this release gets cancelled. What is Nike gonna do with all them shoes, send them to outlets? Just relax, you'll get ya shoes

Well the Kyrie's that were produced


This also explains why so many early pairs were out there

 

[dblplay1212]

They have him on 3 years of surveillance. This was the final move stinging the drop and seizing the money. They wait to do this until the end for the very reason that things become public. Can’t hide that charges are coming for very long.

And let’s be clear: comparing manufacturing in China that just about every company does to working with a mirror exchange/laundering ring and doing 255 meet ups with a Chinese prostitute to collect is wild. These are worlds apart.

Backdooring a size run of a GR to an American and paying taxes even at your wholesale price is a HUGE difference. Orders of magnitude difference. Tens of thousands of pairs of shoes each year.

The best part is the court filing showing the TWG accountant being left in the dark on all this. Jimbo was running his own personal greed train! I hope anyone with that much influence in this market gets run over by their own creation.

You read a couple articles this morning and now you're an expert. That's cute.

We all know you'd never heard of a mirror exchange until you watched that video.

 

[dblplay1212]

Feds don't play though. If you're an employee at one of the stores like a clerk or something, I can't imagine hearing about this and not being worried.

Oh for sure, just not something that happens overnight. If definitely start looking at options though.

 

[trappedintime]

You read a couple articles this morning and now you're an expert. That's cute.

We all know you'd never heard of a mirror exchange until you watched that video.

You think you’re smart but this is pretty basic stuff in 2023. Netflix’s Dirty Money covered mirror exchanges half a decade ago

 

[dblplay1212]

Netflix’s Dirty Money covered mirror exchanges half a decade ago

 

[dblplay1212]

My bad, I didn't realize you watched a Netflix show too. You definitely know it all now.

 

[les_diabolique]

Dead on. Every shop has people they sell gr's prior to release for below retail. Retail is $200, cost is like $120. They sell them to someone for like $150 and that person can move for $180-200 a pair and make a little but they have to get rid of them asap before release date bc then prices tank. Everyone wins. But yea the IRS and China angle seems to be the issue here.

Why don't they just hire that person that can move them for the $200 retail instead of selling them at a discount only for them to sell it for retail?

 

[mkj]

They have him on 3 years of surveillance. This was the final move stinging the drop and seizing the money. They wait to do this until the end for the very reason that things become public. Can’t hide that charges are coming for very long.

And let’s be clear: comparing manufacturing in China that just about every company does to working with a mirror exchange/laundering ring and doing 255 meet ups with a Chinese prostitute to collect is wild. These are worlds apart.

Backdooring a size run of a GR to an American and paying taxes even at your wholesale price is a HUGE difference. Orders of magnitude difference. Tens of thousands of pairs of shoes each year.

The best part is the court filing showing the TWG accountant being left in the dark on all this. Jimbo was running his own personal greed train! I hope anyone with that much influence in this market gets run over by their own creation.

double play stop defending this dude - amm has been sus for a long time and i’ve tried to point that out over the years. glad this stuff is finially coming to light.

 

[g-time]

Not sure why you’re trying to clown dude. Weird lol.

There’s a disgruntled employee on twitter saying there’s a lot more shady stuff that been happening there. Supposedly this is just the start.