$1M worth of precious metals stolen from Chicago area recovered in LA County

Loading Video…

This browser does not support the Video element.

RELATED COVERAGE: Copper wire theft on the rise

In 2023, LA city reported about 6,842 cases of copper wire theft, resulting in neighborhoods being left in the dark and posing a significant threat to public safety, officials said. Even the Sixth Street Bridge was hit, leaving portions of it dark, as well.

One person was arrested in connection with the theft of $1.2 million worth of precious metals stolen from the Chicago area, according to the Los Angeles County Sheriff's Department. 

A search warrant conducted Friday at the Acton home of the suspect, Khatchik Aleksanian, resulted in the confiscation of over 130,000 lbs. of copper and brass, as well as 50 new big rig tires worth over $50,000 and a cache of ten firearms including handguns, rifles, and assault weapons, officials said.

Authorities said these weapons were accessible and in proximity to a child who was at the home. 

SUGGESTED:

Aleksanian was arrested for receiving stolen property and child endangerment. He is being held on $20,000 bail.

Anyone with information is asked to contact the Organized Retail Theft Task Force at ORCTF@LASD.ORG, or 562-946-7270.