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Stolen merchandise protected by state law

When stolen merchandise is sold to an Indiana pawn shop, the law protects the pawn shop.

Adam Hanabarger, owner of Uphill Bikes accepted a check from a couple, for the purchase of $6000 worth of electric bikes.  Later the check bounced, and Hanabarger located the bikes in a pawn shop.  But he cannot recover the bikes, without buying them back from the pawn.

Tippecanoe County Prosecutor Patrick Harrington says as long as the pawn broker purchases the product in good faith that it isn’t stolen, it’s theirs.

Ed Lane, the manager of A-Z Exchange says    “I’ve got your photo ID, I’ve got your fingerprints, I’ve got you on 8 video cameras, so I’m doing everything we can to protect ourselves and the public as far as stolen stuff. You know, if you bring me something stolen you’re going to get caught,” said Lane.

Read the full story here.



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