Colorado Attorney General investigating pricey, stolen bicycles found at Aurora pawn shop

Bicycles still had price tags from bike shop

DENVER - The Colorado Attorney General's office is working with Aurora Police to investigate bikes stolen in a Denver bike shop burglary that ended up at an Aurora pawn shop.

"They just smashed out the front glass and grabbed two bikes off the wall and two others and got out," said Wade Washburn, owner of C3 Bike Shop in Denver. "My heart just sank, you know. You work so hard for what you have."

The thieves took off with four bikes, with a total value of more than $6,200 at the end of September. Washburn never thought he would see the bikes again.

One week later, though, records obtained by 7NEWS show Denver Police were alerted to a LeadsonLine.com record of a sale to the Gold Exchange pawn shop for two BMC bicycles matching the description of the stolen bikes. LeadsonLine.com says its helps law enforcement solve crimes by helping businesses -- like pawnshops -- that are required to file transactions reports with law enforcement.

The expensive stolen bicycles were described as "heavily used" in the Gold Exchange's record of sale. The pawn shop customer was paid $500 for each bike.

The bike shop owner was stunned by the description.

"These were brand new bikes," said Washburn. "BMC is a Swiss company, so there's definitely not as many out there as your mainstream brands."

When police questioned the clerk at the Gold Exchange, she told officers the bikes were in the warehouse. 

It didn't take Denver Police long to confirm they were the bikes stolen from the C3 shop. Even though the serial numbers were filed off the bikes, the C3 price tags were still on the bikes' handlebars.

7NEWS Reporter Jaclyn Allen went to the Gold Exchange to find out why they bought the bikes, but the owner, Mohinder Grover, said she should speak to a man named "Les."

"We don't even sell bikes here," said Grover. "If you leave me a phone number, I'll give it to Les and he will call you."

According to the Denver Police report, officers arrested the man Grover told them sold him the bikes, but no charges were filed "for reasons of unlikelihood of conviction of the burglary and lack of jurisdiction for the pawn violations."

Aurora Police and the Attorney General's office have since taken over the investigation, and would not comment for this story.

Washburn did get two of his bikes back, but he has heard of other bike shop break-ins, and wonders if the thefts involve an organized crime ring.

"I hope they can catch them," said Washburn. "Getting people like that off the streets is important. When they prey on small business owners, in my eyes that's one of the worst kind of people."