Police Capture Massive $1.5M denver Bike Theft Ring

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A grand jury indicted eight individuals for causing $1.5 million in damage to bikes and vehicles during a crime spree in Colorado’s Front Range. They face a total of 227 counts, ranging from burglary to first-degree theft.

Justin Mattison, owner of The Bikery at Breckenridge Brewery in Littleton, Colo., calls his inventory “rolling Rolexes.” So, he says, “it makes sense why people would go after them.”

From December 2019 to June 2020, a group of eight people “went after” a lot of bicycles in the Front Range. On Wednesday, Colorado Attorney General Phil Weiser charged the group for incidents in the Denver and Boulder areas. In total, they face 227 counts of various forms of theft in conjunction with 29 bike shop robberies and 22 auto thefts. All eight face felony charges.

The indictment says that the group planned the crimes using Facebook Messenger, then stole box trucks to smash through bike shop windows. Then, it alleges, the group sold the stolen bikes to other criminals out of state and possibly in Mexico.

Altogether, the eight individuals are accused of stealing $985,000 worth of bicycles, $258,000 worth of vehicles, and causing $231,837 worth of property damage to both cars and businesses.

Read more at: https://gearjunkie.com/news/1-million-dollar-bike-theft-ring-indicted

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