An Alabama man was arrested for a tire-swapping scheme that defrauded area tire stores thousands of dollars.
The suspect faces two counts of first-degree theft of property and three counts of second-degree theft.
According to police, the crime dates back to January and affected five different tire stores located in Guntersville, Alberta and Boaz, Ala.
According to investigators, the alleged thief would fill an order at a tire store by purchasing tires with a bad check before the hours that banks were open. The suspect would then sell the tires to a business he was working with for a fraction of what they were worth. The store would then resell them to customers at full price.
“We don’t have any reason to believe there are any more victims, but certainly there could be,” said police Chief Jim Peterson, “possibly in other counties that we don’t know of yet. If you are in fact an owner of a tire store and feel like you may have been taken advantage of under this pretense, we certainly encourage you to call us.”