(October 9, 2014)- On Tuesday afternoon, Cape Coral Police Detectives executed a search warrant at the M&E Gold Store at 1327 NE Pine Island Rd., culminating a year-long investigation into one of the largest "fence" operations in Cape Coral history.
Over the past year, Detectives with the Property Crimes Unit have conducted repeated transactions with Julio Juan Guerra Molina. These operations revealed that Molina failed to complete the legally mandated paperwork, that he knowingly purchased items that were presented to him as stolen goods, and that he made requests for additional stolen items for future purchase.
Detectives executed the warrant and seized hundreds of items of jewelry, electronics, and miscellaneous retail merchandise . Julio Juan Guerra Molina was taken into custody based on probable cause developed during the course of the investigation. He is currently charged with Dealing in Stolen Property (Dealing) (x4), Dealing in Stolen Property (Organizing) (x2) and Second Hand Dealer Violation (x8). Detectives anticipate additional charges and arrests.
"Our Detectives believe that this operation is tied to hundreds of burglaries and thefts across Southwest Florida. Over the next several weeks, we will be working with Detectives from other agencies to determine if any property recovered can be associated with crimes occurring outside of Cape Coral. We anticipate that there will be additional charges, suspects, and arrests as the pieces of the investigation fall into place."- Det. Sergeant Dana Coston, Cape Coral Police Department Public Affairs Officer."
The Cape Coral Police Department has received hundreds of phone calls from victims who saw the news regarding this seizure and who want to review the seized items in hopes of retrieving their stolen belongings. While we realize that people are anxious to see if any of their stolen property has been recovered, we have to inventory and catalog each piece. Since there was a large amount of property recovered, this will take at least several weeks. The agency is currently developing a method by which victims can review the evidence seized to determine if it is theirs.
If you suspect your stolen property may have been sold here, please contact Detective Walt Womack at:
Detective Walt Womack
Cape Coral Police Department
Investigative Services Bureau Property Crimes
PLEASE NOTE: You will NOT receive an immediate response. E-mails requesting contact WILL be returned at a later date.
Finally, the Cape Coral Police Department and its Investigative Services Bureau would like to thank our corporate partners who assisted in this operation. Their assistance in providing decoy merchandise was key in the believability and success of the undercover operation. The Department extends its appreciation to:
- Home Depot
- Sunglass Hut/Luxottica Sunglasses
CAPE CORAL POLICE DEPARTMENT | Public Affairs Office | 1100 Cultural Park Boulevard | Cape Coral, FL 33990 | (239) 242-3341