Vancouver Police seize stolen bikes and cash from East Vancouver home

VANCOUVER Police have seized 13 bikes, suspected to be stolen, and more than $25,000 after an investigation into a “bike chop shop” in East Vancouver.

“Police were alerted of possible stolen bikes listed on a Craigslist advertisement after a potential buyer researched the bikes being sold,” said Constable Tania Visintin on Tuesday.

Before the victim met with the seller of a bike off Craigslist, he looked up the bike on Project 529 is a community-based bike recovery service. On the site, he was able to see the bike he was wanting to purchase was listen as stolen and immediately called police.

A search warrant was executed by officers on October 28 at a home near Rupert Street and Broadway Avenue.  The following items were seized from the home:

* 13 suspected stolen bicycles,

* one confirmed stolen bike and stolen seat,

* $28,057 Canadian,

* $11 US, and

* 1,290,000 Dong (Vietnamese currency).

A 48-year-old Vancouver man was arrested. Two counts of possession of proceeds of property obtained by crime have been recommended to Crown counsel.

Registering a bike is free of charge and can be done on the Project 529 website.