2 indicted in huge merchandise theft

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By Lisa King

Two men who were arrested in April and charged of perpetrating what police have called “one of the largest merchandise thefts” in Shelby County have been indicted for that crime.

Jack McIntosh, 42, of Jeffersontown and Michael T. Hagan of Bloomfield were indicted Wednesday for complicity of theft by unlawful taking over $10,000 in a huge theft from Buckhorn Inc.

In addition to complicity,  McIntosh was also indicted for theft by unlawful taking over $10,000.

Shelby County Sheriff’s Detective Eric Hettinger said the reason McIntosh has two charges to Hagan’s one is because he is charged with setting up the theft.

The pair worked at a warehouse belonging to Buckhorn, a plastics company that closed last year.

They are accused of selling 10 trailer-truck loads of containers from the warehouse to a broker, who then sold the materials to Verity Polymers, a recycling facility in Randleman, N.C.

The total value of the containers was $512,400, and they were sold for $29,764, which the two were going to share, Hettinger said.

The theft came to light when Gina C. Allred, an employee at the recycling plant in North Carolina noticed that the materials looked brand new and not like something that should be slated to be recycled.

She called police, who traced the origin of the shipment to Shelby County.

Hettinger said even though the total monetary amount of the theft is huge, McIntosh and Hagan can only be charged with one count of theft (plus McIntosh’s complicity), because the theft was accomplished all at the same time.

“The charge is theft by unlawful taking over $10,000, and that applies whether the amount is $10,000 or $2 million,” he said.

Hettinger added that theft charges are compiled according to the number of incidences of theft, which in this case, was only once.

Detectives Hettinger and Jason Rice said in April that it was possible that a third person could be charged in the theft, but so far, that has not happened.

The broker has not been charged in the theft.

The containers and $20,000 of the money were recovered.