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Police Arrest Head Of Home Improvement Theft Operation



 

Police Arrest Head Of Home Improvement Theft Operation

Police Arrest Head Of Home Improvement Theft Operation
News from Gazette Newspapers:

Police last week arrested a suspect involved in theft and fraud of about $ 200,000 worth of home improvement merchandise.

A corporate fraud investigator for a chain of home improvement stores contacted the Long Beach Police Department in December 2011 regarding a number of thefts and fraudulent purchases committed by various suspects, officials said. The incidents had occurred throughout Southern California. The loss totaled about $ 200,000 and included expensive tools and construction equipment.

The LBPD was contacted after the initial investigator had identified a key suspect in the case, who was a Long Beach resident. LBPD Forgery/Fraud detectives took on the case and made further investigations.

They eventually served a search warrant for a suspect in a residence at the 100 block of Cherry Avenue, which revealed a large amount of tools and equipment stored at the home and inside two vans. The items were traced back to the chain store and about $ 40,000 worth of unopened merchandise will be returned to the store for sale.

Police arrested 40-year-old Long Beach resident Juan Carlos Estrada for receiving stolen property and he is being held at the Long Beach City Jail.

Investigators said they still believe there are various susp…………… continues on Gazette Newspapers

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