Man charged with stealing $730K in gold - WSMV Channel 4
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BLOUNTVILLE, Tenn. (AP) - A Sullivan County grand jury has indicted a man in the theft of nearly $730,000 in gold bars, coins and a gun from his employer.
The Kingsport Times-News reported the charges were handed up Tuesday against 55-year-old Michael Ray McLeod. The indictment charged McLeod with selling what were described as "kilo-size gold bars" that were taken from the home of a former employer in 2010 and 2011.
Sullivan County Sheriff's Detective John Porter said the owner called the sheriff in October 2011 when he discovered the gold and coins missing from a safe. The victim told investigators he let McLeod move into his home and paid him $350 per week to do small jobs.
The coins were traced to dealers in Kingsport and Roanoke, Va.
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