A 44-year-old man suspected of receiving stolen property and child endangerment was taken into custody Friday in a bust near Acton that resulted in the seizure of stolen precious metals worth more than $1.2 million, authorities said.
Investigators from the Los Angeles County Sheriff’s Department Major Crimes Bureau Organized Retail Theft and the Cargo Theft Taskforce discovered during their investigation a cargo load of metals stolen from Chicago and dispersed throughout various locations within Los Angeles County, the agency said.
Sheriff’s officials said a search warrant was executed in an unincorporated area near Acton, where investigators arrested Khatchik Aleksanian at his residence Friday.
During the siege, investigators recovered over 130,000 pounds of copper and brass worth over $1.2 million, 50 brand-new big rig tires worth over $50,000, and a cache of 10 firearms, including handguns, rifles, and other assault weapons, which were accessible and in proximity to a minor at the location.