Some of the gang who stole a bundle of semiconductors in an armed robbery at Silicon Valley, have been caught.
The 13 to 15 thieves took part in a masked armed robbery at a company which goes by the name of Unigen on 27 February this year.
The company is known for supplying devices including memory modules and manufacturing products for a range of manufacturers and businesses including Google.
It is thought the men scarpered with around 1.7 million flash-memory chips, which are used for storing data in smartphones, MP3s and digital cameras, to the value of $37 million after tying up Unigen employees and locking them in a room.
The men then spent half an hour loading computer parts into a moving-company truck.
Mike Sterner, director of a task force of local, state and federal officials that have been investigating the theft, told the WSJ that five of the suspected thieves had been caught. However, the outcome was better for the chips, with 98 percent claimed to have been recovered. It is thought the lost two percent have been shipped to China.
He said these suspects faced up to life in prison if convicted of all charges, which include armed robbery and kidnapping for robbery. They could also face a charge known as “excessive taking,” which he explained reflected “the significant monetary loss in the Bay Area’s largest computer-chip robbery to date”.
However, he declined to say what had led to the arrests of Bay Area residents, identified as Jesus Meraz Jr, Dylan Catayas Lee, Rolando McKay Secreto, Leonard Abriam, and Pierre Ramos, 28.