Warrant issued after $300K in stolen goods recovered
Richard Kyle Newstead, 40, is seen in this undated image released by the London Police Service.
Middlesex Centre, Ont. -
London police are looking for a 40-year-old man after seizing $300,000 in stolen property from two locations.
Police say a business on Charterhouse Crescent was broken into on Saturday.
Following an investigation, police searched a business on Falcon Street and a home on Nissouri Road in Thorndale.
As a result of the search, police located two Ford Transit vans valued at $112,000, fire retardant uniforms valued at $100,000 and disposable nitrile gloves valued at $142,703.
Police are now looking for 40-year-old Richard Kyle Newstead.
Newstead has been charged with five counts of possession of property obtained by crime over $5,000.
Anyone with information is asked to call police at 519-661-5670 or London Elgin Middlesex Crime Stoppers at 1-800-222-TIPS.
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