Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

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

07/18/2013 | 06:46pm US/Eastern

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
React to this article
Latest news
Date Title
05:19a ILLINOIS TOOL WORKS : Patent Issued for Container Carrier
05:19a SIEMENS : Receives Order for 48-MW Alexander Wind Project in Kansas
05:19a KYOCERA : Patent Application Titled "Acoustic Generator, Acoustic Generating Device, and Electronic Device" Published Online
05:19a Researchers Submit Patent Application, "Organic Light-Emitting Diode Display and Method of Manufacturing the Same", for Approval
05:19a CAPITACOMMERCIAL : Replace - Cash Dividend/ Distribution :: Mandatory
05:19a BWA : Unaudited Financial Information for the six months ended 31 October 2014
05:19a CENTRAL BANK OF RUSSIA : On release of Bank of Russia Bulletin
05:19a SANTA CRUZ : County Bank : posts record profit in 2014
05:19aDJSingapore Homeowners Could Face Higher Mortgages
05:17a German unemployment rate falls to record low in January
Latest news
Advertisement
Hot News 
NEXT FIFTEEN COMMUNICATIONS : Raises GBP4.3 Million, To Beat Expectations (ALLISS)
BEOWULF MINING : Says Kallak North Decision Expected In Late February
FREESCALE SEMICONDUCTOR : Studies from Freescale Semiconductor Yield New Data on Nuclear Science and Technology (Single-Event Transient Induced Harmonic Errors in Digitally...
EVONIK : Improved Performance of JAYHAWK™ BTDA® Products
SIEMENS : Receives Order for 48-MW Alexander Wind Project in Kansas
Most Read News
03:30a UK MORNING BRIEFING : Royal Dutch Shell Leads London Losses
01/28 SCHRODERS : raises fees on £1bn Corporate Bond fund
01/28 CANACOL ENERGY : Tests 21 MMSCFPD at Clarinete 1 Gas Discovery in Colombia
01/28 SAMSUNG ELECTRONICS : Qualcomm says key customer passed on new chip, stock drops
01/28 Qualcomm says key customer passed on new chip, stock drops
Most recommended articles
05:19aDJSingapore Homeowners Could Face Higher Mortgages
05:17a German unemployment rate falls to record low in January
05:12aDJRoyal Dutch Shell Posts Rise in Profit -- 2nd Update
05:12a Raiffeisen reassures on capital position, shares rise
05:12aDJEnergy Sector Selloff Weighs Down on European Stocks--Update
Dynamic quotes  
ON
| OFF