Two Ashland Men Convicted In Motorcycle Chop Shop Probe
Two men from Ashland, Ky. have been found guilty of participating in a motorcycle theft ring.
A jury in U.S. District Court in London, Ky. convicted Richard Meade, 65, and Mark Justice, 53, of conspiracy to engage in money laundering by illegally transferring the ownership of stolen motorcycles, possession of motorcycles with altered vehicle identification (VIN) numbers, and illegally transferring ownership titles of stolen motorcycles,
A third defendant, George Ferguson, 64, on trial for the conspiracy charge, was acquitted.
Prosecutors said Meade and Justice sold approximately 30
motorcycles out of car lots in Ashland. They sold the motorcycles for between $13,000 and $15,000 apiece.
The FBI and Kentucky State Police identified nearly 200 victims in this case including the original motorcycle owners and insurance companies.
Six other people previously pleaded guilty to their roles in the case.
Meade and Justice are scheduled to be sentenced July 24, 2013.