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Raid: Pawn shop owners arrested for alleged ties to 300 burglaries

Screenshot KTLA

More than a dozen downtown Los Angeles pawn shop owners were arrested in a raid on Wednesday -- they are accused them of doing business with individuals tied to an estimated 300 burglaries.

The L.A. Times reports that the stores involved in the bust allegedly engaged in "very quick transactions" with "no questions asked," according to Lt. Jim Setzer. By law, pawn shop owners are required to get a thumb print and ID from every person who pawns goods.

Two owners were taken into custody without incident at their homes and booked on suspicion of receiving stolen property. About a dozen others were detained at four pawn shops -- three that dealt in jewelry and the other in electronics -- on Broadway from 6th to 8th streets.

Police say the burglary crews targeting affluent neighborhoods in the Hollywood Hills, West L.A., Glendale and the San Fernando Valley may have affilitation with as many as 20 different gangs.

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