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$300,000 in stolen goods reclaimed, Olds citizens assist in arrest

Alert citizens in Olds have been credited with assisting RCMP in the arrest of two men charged in the seizure of more than $300,000 in stolen property.

Alert citizens in Olds have been credited with assisting RCMP in the arrest of two men charged in the seizure of more than $300,000 in stolen property.

Staff Sgt. Kevin Morton of Olds RCMP said on Monday that last week, local community members were involved in a hit-and-run crash.

“Their observations and awareness led them, later in the week, to locate the vehicle that had fled the scene,” Morton said.

When RCMP attended the location of the suspect vehicle, they discovered it was stolen.

Further investigations led to the seizure of a second vehicle and a trailer.

While itemizing and securing the contents of the trailer, numerous other stolen items were located inside the vehicle, Morton said.

A search warrant was secured and executed on properties at 4814 and 4830 51st St., in Olds, leading to the recovery of more suspected stolen items.

Morton said the investigation by the Southern Alberta RCMP auto theft section revealed the items are valued at more than $300,000.

The list of suspected stolen items includes three pickups, a cargo trailer, three snowmobiles, three motorcycles and a large number of performance wheel rims.

Lonnie Schwager and Billy Jack Williams, both 38 and from Olds, have been charged with several counts of possession of stolen property valued at more than $5,000.

Schwager appears in Didsbury provincial court on Jan. 31 while Williams appears on March 14.