In a shocking revelation, a warehouse on the West Side was discovered to be the epicenter of a sophisticated theft ring targeting freight trains carrying high-end shoes. With millions of dollars' worth of stolen merchandise, including popular brands like Nike and Yeezy, law enforcement officials are calling this operation a massive haul.
The stolen goods were swiped off cards from across the country and then shipped to this Austin neighborhood warehouse, where they were sold to unsuspecting retailers. The scene inside the warehouse is reminiscent of a neighborhood sneaker shop, with towers and towers of Nike and Adidas boxes, some of which contained limited edition and hard-to-find sneakers. However, all of these shoes were stolen property. The sheer volume of stolen merchandise found was staggering, estimated to be close to $5 million minimum.
Railroad companies and the state attorney general's office have had the warehouse on their radar due to the rise in railroad cargo thefts nationwide. By rerouting the stolen merchandise through cities like Memphis, Tennessee, the thieves were able to relabel it and ship it to the warehouse in Austin, where it was sold at a 100% markup since they acquired the goods for free.
As a result of the bust, two individuals have already been charged, but several others are currently under investigation. Law enforcement officials believe that these individuals were working together solely for the purpose of making money. The Alliance Police Department is expected to hold a press conference later this week to provide more details on the case, including information about the offenders and any additional charges they may face.
Source: Youtube
