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In May, the Oregon Department of Revenue notified approximately 2,000 taxpayers who owe at least $50,000 in state tax debt that their names would be shared publicly on July 14 if they didn’t come into compliance. Last week the list was published on Oregon.gov and included Michael Malekzadeh of Zadeh Kicks, LLC.
According to Oregon Department of Revenue, Michael Malekzadeh owes the state $19,302,486.13 in back taxes.
Last May, Michael Malekzadeh surrendered the reigns to Zadeh Kicks when it voluntarily entered into receivership ending the nine-year-old sneaker resale business. In July of 2022, Malekzadeh and his CFO Bethany Mockerman were indicted with charges of Wire Fraud, Conspiracy to Commit Bank Fraud, and Money Laundering associated with the Zadeh Kicks business. Malekzadeh and Mockerman have pleaded not guilty to all charges.
Federal prosecutors accuse Michael Malekzadeh of knowingly selling shoes he could not obtain by pre-order that include 600,000 pairs of Cool Grey Air Jordan 11s totaling more than $70M.
We reached out to Michael Malekzadeh’s attorney for comment and will update should we receive a response.
Lead photo by Todd Cooper of Eugene Weekly
