ALBUQUERQUE, N.M. (KRQE) – A man arrested on nearly two dozen counts of transferring or receiving stolen vehicles was in court Wednesday.
Albuquerque police arrested Jerry Frazier Tuesday after detectives raided a salvage yard on Prosperity Ave just off 2nd Street recovering 21 stolen cars.
According to a criminal complaint, Frazier would buy stolen cars for cash, trade them for drugs, or take them apart and sell their parts with altered VIN numbers.
Tuesday, detectives served a search warrant at the property and found a shotgun and drugs. He is charged with 23 counts of receiving/ transferring a stolen vehicle.
In court, Frazier’s attorney asked the judge to consider the minimal bond of $5,000 cash or surety. The judge denied that but did lower the bond.
“It is a property crime that seems to have been undergone for a long period of time,” said the judge.