Michael Malekzadeh, 42, of Eugene was sentenced to federal prison for defrauding sneaker customers out of more than $65 million, prosecutors said.
EUGENE, Ore. — The former owner of a now-defunct Oregon sneaker resale company was sentenced to federal prison Monday for his role in a fraud scheme that left customers with more than $65 million in unfulfilled orders and defrauded financial institutions out of more than $15 million.
Michael Malekzadeh, 42, of Eugene, was sentenced to 70 months in federal prison followed by five years of supervised release and ordered to forfeit more than $15 million in assets, according to the U.S. Attorney’s Office for
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