"A search of the home revealed stolen property valued over $100,000" I don't know anything about police work but I'm sure they didn't just leave it there.
A Madison County man is now behind bars after he allegedly scammed a company in Minnesota out of thousands of dollars.
www.waff.com
Some weird details in there about $120,000 in "bonds"? So strangely worded.
Not generally, it is usually collected and goes to "impound" until the case is dispositioned.
When I had checks kited at my Radio Shack store, they got back some of the gear. The guy who did it was convicted, and after that, I got the stuff back.
Which had very sticky "Evidence" stickers on everything.
Now the funny part: He sent me a letter from prison. In his scam, he posed as a bank, and was using Federal Express Money Orders to buy things. He used the proper denomination for my store, and also paid with $400 cash. In his letter, he asked that I send him the $400 in cash because "I had my property back."
Yes, it was back and used. Total value at the time I got it back: Around $200. Plus, looking at my records, he had been kiting checks (he had a variety of pseudonyms just as this guy does) for years.
I sent him a reply: I went over his history of kiting checks, and told him with consideration for the materials recovered, he still owed me around $2000, so please remit that as soon as you can.
Strangely, I never heard from him again.
Back to this case: Even if the company gets the stuff back, they have to find an outlet to sell it. It isn't like they were making door wedges or something everyone needs. So it will suck for them, but at least this jerk is getting his day to play in the legal system. Finally.