Los Angeles police say a sprawling cargo theft investigation hit pay dirt this week, with search warrants turning up more than $5 million in allegedly stolen property and five people booked on suspicion of grand theft. The Wednesday raids zeroed in on locations tied to an alleged cargo-theft operation and turned up heavy equipment, dozens of vehicles and a six-figure pile of cash. Detectives stressed the probe is far from over, with more arrests expected as they sort through the evidence.
According to NBC Los Angeles, officers served warrants in Corona, Compton and Wilmington. Investigators impounded 84 stolen container chassis, 11 tractors, 25 vehicles, six all-terrain vehicles and two heavy-duty forklifts that police believe are tied to fraudulent vehicle…..