Man arrested for trafficking stolen property
Photo: Image by Tucson Police Department
TUCSON (KGUN9-TV) - David Reid, 55, was arrested by Tucson Police on three trafficking stolen property charges.
Sgt. Chris Widmer with Tucson Police tells KGUN9 that in October 2013, officers received information of a suspect in the Tucson area that was buying stolen property, to include jewelry and firearms.
An investigation determined a suspect was buying large amounts of stolen gold and silver jewelry.
The suspect melted the jewelry down for their metal content, said Widmer. The melted metal was reshaped into bars and sold to local precious metal dealers.
On February 27, the suspect was arrested without incident.
Detectives obtained a search warrant for Reid’s home in the 1500 block of North Columbus Lane.
They located large amounts of gold and silver jewelry and coins with an approximate value of $228,000, said Widmer. Detectives also located two stolen firearms and over $3000 cash.
Reid was booked into the Pima County Jail on three counts of trafficking in stolen property.