$1.7M bike theft ring busted in L.A., 288 bicycles recovered
A cargo theft ring stealing high-end bikes worth $1.7M en route to L.A. has been busted. Five men redirected shipments and hid 337 stolen bikes; 288 were recovered in raids. Authorities say the gang used tech-savvy methods, reflecting a broader trend in sophisticated cargo theft targeting electronics, food, and more in Southern California.