Authorities say a routine night at a Memphis FedEx processing facility turned into a high-dollar bust when security spotted what looked a lot less like shipping and a lot more like shopping. Two men were arrested after police say they tried to move more than $133,000 in iPhone 17 Pros and accessories out of the hub, reigniting local worries about pricey gear slipping through the cracks at major shipping centers.
Memphis police identified the suspects as Kreshun Jones and Marvin Veasy. The pair were reportedly caught on surveillance cameras placing 120 iPhone 17 Pros, listed at $1,099 each, and 50 Tinymoose smart pens into shipments, according to Action News 5. Investigators put the iPhones at $131,880 and the pens at $1,497, for a total of $133,377. Bond information had not been posted at the time of reporting. Jones is scheduled to appear in court on July 16, while Veasy did not yet have a listed court date.
FedEx Hubs And A Growing National Playbook
High-end electronics have become go-to targets at shipping and logistics hubs around the country. Thieves lean on inside access, fake IDs, or quick handoffs to get their hands on the goods before they ever reach a doorstep. In South Florida, investigators detailed a nearly $2 million iPhone haul in March that used bogus badges and smooth talk to breach a FedEx ship center, per Local10. More recently, another Miami-area case this week involved more than $30,000 in Apple products lifted from a FedEx shipment, according to CBS Miami.
Memphis FedEx Past Comes Back Into Focus
Memphis is no stranger to trouble tied to its FedEx operations. In 2024, a former employee was accused of stealing and selling jewelry that passed through the World Hub, a case detailed in a report on a former FedEx worker accused of stealing jewelry. Security analysts say the hub model, which funnels massive volumes of valuable goods into a few key locations, is great for efficiency and terrible if someone decides to turn the place into their personal warehouse.
What Happens Next
Police say Jones and Veasy were taken into custody at the facility, and investigators are reviewing surveillance footage and other evidence before handing the case off to prosecutors, Action News 5 reports. Anyone with information about the incident is urged to contact the Memphis Police Department or Crimestoppers at 901-528-CASH, as listed on the Memphis Police Department website. The case remains active as authorities determine whether more charges or additional suspects are on the horizon.
