Authorities recover nearly $500K in stolen property - KLTV.com - Tyler, Longview, Jacksonville |ETX News

Authorities recover nearly $500K in stolen property

Released by The Department of Public Safety:

SMITH COUNTY, TX (KLTV) - An ongoing, multi-agency investigation into a theft ring led to the discovery of close to $500,000 worth of suspected stolen property.    Agents from the Texas Department of Public Safety, investigators from Smith, Anderson, Cherokee and Henderson Counties, the East Texas Auto Task Force and investigators from Arp, Whitehouse and Tyler Police Departments participated in the coordinated effort.

The property was located in a warehouse district off WSW Loop 323, which had been under surveillance since investigators received information from several tipsters regarding suspicious activity in the area.  The serial numbers and identifying information found on the suspected stolen items will be cross-referenced with those on police theft reports.  At this time, there are several persons of interest identified and arrest warrants will be forthcoming.

A property hearing to determine ownership of items recovered will be conducted in Smith County.

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