Investigators: 19 vehicles recovered in theft ring
Chicago police continue their investigation into a stolen car and truck ring discovered on the city’s South Side Monday.
Police believe the stolen vehicles were being scraped or chopped for parts.
The stolen car and truck ring was uncovered after an unidentified local man had his vehicle swiped over the weekend.
He and some relatives fanned out throughout the Southside and found it on the 106th street lot.
Investigators have scaled back the number of vehicles they believe have been stolen to 19 from an estimated 70 or more.
According to a Chicago Tribune source, one employee is already in custody and has admitted to knowing about a stolen vehicle operation.
It’s suspected that a group of people affiliated with a towing company obtained the vehicles to scrap or ship overseas.
As a sidebar the local alderman John Pope and Mayor Emanuel persuaded the city council to give the company at center of this investigation Adelman’s Truck and Equipment a tax break that helped the company move ahead with a $2.5 million dollar expansion two years ago.
Pope now says he will try to recoup about $162,000 dollars Adelman’s obtained through the city tax break.
While there has been only one arrest so far there could end up being many more before all is said and done.