London police say they have arrested one suspect and are looking for another after $300,000 worth of stolen property was recovered.
Police announced last week that a business on Charterhouse Crescent had been broken into on September 25. That led to an investigation by police, which resulted in raids at a business on Falcon Street and at a home on Nissouri Road in Middlesex Centre two days later.
Police seized two Ford Transit vans with a total value of $112,000, about $100,000 worth of fire retardant uniforms, and $142,703 worth of disposable nitrile gloves.
Police said last Wednesday that they were looking for Richard Kyle Newstead, 40, on charges of possession of property obtained by crime. On Monday, they announced that he was arrested on September 30.
But during the investigation, police obtained video surveillance footage that indicated there was a second suspect (shown above). Police are now asking for the public’s help in identifying him. He is described as being Caucasian, between 45-65 years of age, with with short grey receding hair and a goatee. He was wearing a green long-sleeved shirt, jeans, and black running shoes.
Anyone with information in relation to this incident is asked to call the London Police Service at (519) 661-5670 or Crime Stoppers at 1-800-222-TIPS (8477). Information can also be sent in online anonymously to London Elgin Middlesex Crime Stoppers
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