Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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 CET

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
Latest news
Date Title
01:11a MAY GURNEY INTEGRATED SERVICES : La Crosse Tribune, Wis., Jourdan Vian column
01:09a INSIDER TRADING ACTIVITY CARNIVAL PLC (NYSE : CUK) – Director Sold 6,276 shares of Stock
01:09a STARLIGHT SUPPLY CHAIN MANAGEMENT COMPANY (OTCMKTS : SLSC) Files An 8-K Completion of Acquisition or Disposition of Assets
01:09a AIT THERAPEUTICS, INC. (OTCMKTS : KKICD) Files An 8-K Completion of Acquisition or Disposition of Assets
01:09a COUNTY BANCORP, INC. (NASDAQ : ICBK) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
01:08a THC Restates Financial Statements to Show Reclassification of $250,000 from Income to Subscription Funds
01:07a AMAZON COM : When tweets trump diplomacy, diplomacy is the loser
01:07a THC BioMed Begins Shipping Live Cannabis Plants across Canada to ACMPR Registered Patients and Announces Wholesale Genetic Pricing
01:07a M&T BANK : Small business customers upbeat in M&T survey
01:06a INNATE IMMUNOTHERAPEUTICS : Collins backed law that could end up profiting him and company he invests in
Latest news
Advertisement
Hot News 
12.40%SYNTHOMER : Chemicals maker Synthomer sees 2016 profit ahead of estimates
-11.28%Bristol-Myers lung cancer delay slams shares, keeps Merck in lead
-6.24%European shares ease ahead of Trump inauguration
-2.18%GENERAL ELECTRIC : Nason, former Treasury official, being vetted for Fed role - sources
7.87%SDL : Translation software firm SDL sees full year results ahead of market expectations
Most Read News
06:16p Apple files $1 billion lawsuit against chip supplier Qualcomm
06:39pDJAPPLE : Sues Qualcomm Over Licensing Practices -- Update
06:04p ROUGHRIDER EXPLORATION : Appoints New CFO and Corporate Secretary
06:06p Brodsky & Smith, LLC Announces an Investigation of The Board of Directors of CoLucid Pharmaceuticals, Inc. -CLCD
06:09pDJWAL MART STORES : Mart Starts Layoffs at Headquarters -- Update
Most recommended articles
01/17DJS&P 500, Nasdaq Futures -- Technical Analysis
06:40p Japan Air Commuter takes first ATR in quest for foreign tourists
06:39pDJAPPLE : Sues Qualcomm Over Licensing Practices -- Update
06:16p Apple files $1 billion lawsuit against chip supplier Qualcomm
06:09pDJWAL MART STORES : Mart Starts Layoffs at Headquarters -- Update