Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

ICE - U.S. Immigration and Customs Enforcement : Pennsylvania man sentenced for transporting stolen goods across the country

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/19/2013 | 12:46am CEST

July 17, 2013

Pennsylvania man sentenced for transporting stolen goods across the country

PITTSBURGH - A Pittsburgh resident was sentenced Wednesday to 24 months in prison for transporting stolen goods from Pennsylvania to Texas. The investigation was conducted by U.S. Immigration and Customs Enforcement's (ICE) Homeland Security Investigations (HSI).

David Michael Spaid, 56, of Pittsburgh, was sentenced by U.S. District Judge Arthur J. Schwab, who also ordered Spaid to pay a $15,000 fine and serve two years of supervised release.

According to court documents, Spaid knowingly and unlawfully transported, transmitted and transferred stolen commerce goods valued at more than $5,000.

The HSI investigation revealed that on or about Oct. 14, 2011, Kenneth Hill and Timothy Angely, two employees of the Allegheny Ludlum plant in Harrison Township, stole four "super sacks" of nickel that had been shipped to Allegheny Ludlum from Russia via Baltimore, Md. The nickel weighed in excess of 17,000 pounds and had a value of approximately $151,000.

Hill and Angely transported the stolen nickel to a nearby open field where it was picked up by a driver working for Spaid at AAA Scrap Metal, located in Pittsburgh. Spaid negotiated the purchase of the stolen nickel from PJ Eberhardt, who worked in conjunction with Hill and Angely. Spaid would "front" Eberhardt $30,000, and then pay an additional amount, according to a prearranged formula for the value of the nickel, after Spaid was able to sell the stolen nickel to a buyer.

In this case, Spaid sold the nickel briquettes to ECS Refining in Terrell, Texas. The nickel was shipped by Spaid's company in western Pennsylvania to Texas at his direction on or around Oct. 21, 2011. Spaid indicated to the Pennsylvania State Police, who interviewed him, that this shipment of stolen nickel was the last of at least nine he received from Eberhardt.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news
Date Title
04:17p TECK RESOURCES : Borough files to dismiss suit by Red Dog over severance tax
04:16p SCHNEIDER ELECTRIC : SCADA water supply system to be introduced in Armenia
04:16p Magnetar Financial (UK) LLP - Form 8.3 - Ball Corp
04:16p BAE SYSTEMS : Awarded $29 Million Maintenance Contract for USS Gettysburg
04:15p KVH INDUSTRIES INC DE : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K)
04:15p ANSALDO STS : The Board of Directors approves Interim Consolidated Report at 31 March 2016
04:15p HOVERBOARDS : Fire extinguisher not included
04:15p XG TECHNOLOGY : Awarded New Patent for Advanced MIMO Antenna Design
04:15p GAMESTOP : Announces First Quarter 2016 Earnings Release Date and Conference Call Webcast
04:15p AUSNUTRIA DAIRY : Positive Profit Alert
Latest news
Advertisement
Hot News 
CLEAR LEISURE : Enters Convertible Loan Facility With Major Shareholder (ALLISS)
Atlas Air Worldwide Announces Agreement with Amazon To Provide Air Transport Service
ROADRUNNER TRANSPORTATION SYSTEMS : misses Street 1Q forecasts
TUTOR PERINI : tops 1Q profit forecasts
MATRIX SERVICE : misses 3Q profit forecasts
Most Read News
05/04DJAustralia March Trade Deficit Narrows
05/04DJAustralian March Retail Sales Rise
05/04 KANTAR HEALTH : Names Diana Tan General Manager for China, Expanding Expertise in Innovative Patient Insights
05/04 PRODUCER PRICE SURVEY : March 2016
12:10a AUSTRADE AUSTRALIAN TRADE COMMISSION : Outcomes from LNG 18
Most recommended articles
05/03DJUBS Shares Drop As Profit Slumps
10:15aDJMGM Resorts Profit Slumps
10:15aDJContinued Growth Seen In Nonfarm Payrolls -- Data Week Ahead
10:13a Canada's Manulife seeks new Asia deals to boost growth
10:13aDJU.S. Cash Hog Bids Flat to 50 Cents Higher on Thinner Margins