A crime ring raked in more than US$12 million from online sales of stolen electronics and printer ink cartridges.
It is reported that the crime ring consists of 12 persons, led by sixty-four-year-old Richard Rimbaugh for more than 20 years with operations in 28 states.
The group was said to steal new merchandise each week, including computer software, print ink cartridges, GPS devices, fitness smart watches and personal finance software, among other things. Retail stores such as Staples, Office Depot, and Best Buy were the targets.
According to US police, it is one of the biggest busts of retail theft ring, as more than 5,300 stolen electronic devices and ink cartridges were confiscated, along with US$7.7 million from the suspects’ homes and financial accounts. Each member faces up to 25 years in prison if convicted.
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