UPDATE: MADISONVILLE, Ky. (2/7/14) — Madisonville Police Detectives concluded the examination of property and records from Park Avenue Jewelry and Loan Thursday night and relinquished control of the business back to the owner.
According to a Madisonville Police report, detectives worked more than 34 hours examining the property and recorded and impounded 69 items of property in addition to more than 100 items recovered from the initial case that precluded the search warrant.
The property primarily consisted of electronics, tools and firearms, some of which had altered or removed serial numbers.
The investigation is still continuing into alledged improper record keeping. More arrests are anticipated from the recovery of stolen property, according to MPD.
See previous stories below:
MADISONVILLE, Ky. (2/5/14) — The Madisonville Police Department arrested five people after executing a search warrant and arrest warrants at 12:27 p.m. Wednesday, Feb. 5 at Park Avenue Jewelry and Loans at 710 E. Center St. in Madisonville.
According to an MPD report, detectives found evidence of discrepancies in bookkeeping and paperwork in relation to state law.
Evidence indicated that the suspects took large amounts of stolen property into the pawn shop and sold the items.
Presented with the case information, the Hopkins County Attorney issued a search warrant for the shop as well as arrest warrants for the five employees involved.
Four suspects were charged at 12:27 p.m. and the fifth suspect met with police at 3 p.m. at MPD.
Charged were Terry Gaines, Kaytlen Dame, Bobby Humphries, Jeremy Ferguson and Jason Scott.
Rita Dukes Smith
SurfKY News Director
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