Stacks Bowers is buying and selling all rare coins and currency

HomeCrime and FraudCargo Handlers at LAX Plead Guilty to Stealing Four Gold Bars Headed...

Cargo Handlers at LAX Plead Guilty to Stealing Four Gold Bars Headed From Australia to New York

Cargo Handlers at LAX Plead Guilty to Stealing Four Gold Bars Headed From Australia to New York

By United States Attorney’s Office, Central District of California ……
Two cargo handling company employees who worked at Los Angeles International Airport (LAX) each pleaded guilty today to a federal criminal charge for stealing four gold bars that were part of a larger shipment headed from Australia to New York.

Marlon Moody, 38, and Brian Benson, 35, both of South Los Angeles, each pleaded guilty to one count of conspiracy to commit theft of an interstate or foreign shipment.

United States District Judge Dale S. Fischer scheduled November 1 sentencing hearings for the defendants, at which time they each will face a statutory maximum sentence of five years in federal prison.

According to their plea agreements, both men worked for Alliance Ground International, a company that provided ground handling services at LAX. On the evening of April 22, 2020, a shipment of gold bars arrived at LAX on Singapore Airlines. A total of 2,000 gold bars, each weighing one kilogram and valued at approximately $56,000, were being shipped at the direction of a Canadian bank. During a stopover at LAX, the gold was offloaded and secured, but an inventory that evening showed one box containing 25 gold bars was missing.

Moody found the missing box of gold bars near the Singapore Airlines cargo warehouse on the morning of April 23, placed the box on a belt loader, and drove that vehicle to a nearby location, where he removed four of the bars. Soon after, Benson arrived to pick up Moody in a company van, where they exchanged text messages about the gold bars because other employees were in the van. The two defendants later left the airport and went to a nearby parking lot, where Moody gave Benson one of the four gold bars.

The lost box with the 21 remaining gold bars was discovered by other cargo handlers later on April 23, and authorities began an investigation that ultimately led to Moody and Benson.

Moody gave one gold bar to a relative on May 4 and “directed the family member to exchange the gold bar for a vehicle and/or money,” according to court documents. Around this time, Moody buried the remaining two gold bars in the backyard of his residence.

The FBI recovered all four gold bars about two weeks after they went missing from LAX.

The FBI, the Federal Air Marshal Service, the Los Angeles Police Department, and the Los Angeles Airport Police investigated this matter.

Assistant United States Attorney Lyndsi C. Allsop of the General Crimes Section is prosecuting this case.

CoinWeek
CoinWeekhttps://coinweek.com
Coinweek is the top independent online media source for rare coin and currency news, with analysis and information contributed by leading experts across the numismatic spectrum.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Great Collection Coin Auctions

AU Capital Management US gold Coins

David Lawrence Rare Coins Auctions