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FBI Investigates Alleged Multimillion-Dollar Miami Heat Memorabilia Heist

A federal inquiry examines insiders’ alleged theft of game-worn Finals jerseys sold through commercial outlets or underground auctions

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Nov 8, 2017; Phoenix, AZ, USA; Miami Heat president Pat Riley watches a game between the Miami Heat and Phoenix Suns at Talking Stick Resort Arena. Mandatory Credit: Jennifer Stewart-Imagn Images
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Overview

  • Investigators say the scheme spanned at least 18 months during which authenticated Heat gear was removed from franchise storage
  • The FBI has taken over the probe after Miami authorities flagged the operation’s scale and potential insider access
  • Officials are scrutinizing claims that a Miami police officer and an individual with NBA ties helped traffic stolen collectibles
  • Collectors warn that the absence of unique serial numbers on jerseys makes it difficult to trace stolen items on secondary markets
  • Both the Miami Heat organization and City of Miami Police Department have declined to confirm details of the ongoing investigation