Police Recover $400,000 In Stolen Goods
July 28, 2016 at 4:25 p.m.
AKRON - More than $400,000 in stolen property has been recovered from an alleged chop-shop in Akron.
The alleged operation was reportedly run out of the residence of Timothy A. Shultz at 510 N. Ind. 19. The Fulton County Sheriff's Department found 20 pieces of machinery, including trucks, semi-trailers and construction and lawn and garden equipment.
Shultz, 39, faces 11 felony counts in Fulton County. He is out on bond with a trial set for June 25 in Fulton County Circuit Court.
Fulton Deputy Sheriff Walker Conley said there were charges pending in Miami and Cass counties and probably in the state of Maryland, where Shultz lived for several years.
The investigation began Nov. 13 when Cass County Sheriff's Department received a report that a stolen semi was spotted at Shultz's residence. Akron Marshal Tim Fleck saw the semi and obtained a search warrant for the house, pole-barn and outbuilding on the property. By matching vehicle identification numbers, police were able to find the stolen items.
Police recovered several pickups stolen from Logansport, and a trencher stolen from Tippecanoe County.
Conley said victims included people who bought stolen vehicles, mainly pickups, as well as insurance companies and financial institutions.
Several of the owners vehicles that were stolen were paid off by their insurance companies, Conley said. The people who then bought the trucks from Shultz financed them with banks and have been making payments. The trucks were confiscated by police, so the banks and new owners lost their money.
Police said that Schultz apparently bought salvaged vehicles the same color as the stolen vehicles and used identification tags on the stolen vehicles. He would then register the vehicle as salvaged.
The investigation is continuing. [[In-content Ad]]
AKRON - More than $400,000 in stolen property has been recovered from an alleged chop-shop in Akron.
The alleged operation was reportedly run out of the residence of Timothy A. Shultz at 510 N. Ind. 19. The Fulton County Sheriff's Department found 20 pieces of machinery, including trucks, semi-trailers and construction and lawn and garden equipment.
Shultz, 39, faces 11 felony counts in Fulton County. He is out on bond with a trial set for June 25 in Fulton County Circuit Court.
Fulton Deputy Sheriff Walker Conley said there were charges pending in Miami and Cass counties and probably in the state of Maryland, where Shultz lived for several years.
The investigation began Nov. 13 when Cass County Sheriff's Department received a report that a stolen semi was spotted at Shultz's residence. Akron Marshal Tim Fleck saw the semi and obtained a search warrant for the house, pole-barn and outbuilding on the property. By matching vehicle identification numbers, police were able to find the stolen items.
Police recovered several pickups stolen from Logansport, and a trencher stolen from Tippecanoe County.
Conley said victims included people who bought stolen vehicles, mainly pickups, as well as insurance companies and financial institutions.
Several of the owners vehicles that were stolen were paid off by their insurance companies, Conley said. The people who then bought the trucks from Shultz financed them with banks and have been making payments. The trucks were confiscated by police, so the banks and new owners lost their money.
Police said that Schultz apparently bought salvaged vehicles the same color as the stolen vehicles and used identification tags on the stolen vehicles. He would then register the vehicle as salvaged.
The investigation is continuing. [[In-content Ad]]