Investigation of Abilene Gold Exchange (Press Release)

by Police Administration, Friday, December 14, 2012, 01:00 (2195 days ago)

ABILENE, TX – In 2012, Abilene Detectives learned that there were numerous firearms inside Abilene Gold Exchange, located at 1321 S. Danville Street in Abilene, Tx. Additionally, they learned one of the business owners is a convicted felon. The Police Department began working with the Bureau of Alcohol, Tobacco, and Firearms (ATF) for consideration of charges. Then in July 2012, Abilene Detectives investigated a residential burglary that occurred on the south side of town. During that investigation, they learned that the suspects had sold stolen items to Abilene Gold Exchange. The Police Department was unable to recover any of this stolen property, and the business was unable to produce a transaction receipt for their purchase of said property. The investigation affirmed that a ring had been sold to the business. Then in November 2012, Abilene Detectives began investigating another residential burglary wherein $125,000 in property was stolen, including $70,000 in jewelry and coins. Detectives contacted Abilene Gold Exchange, and later learned the business was not reporting transactions pursuant to Texas State law, specifically the Occupations Code, section 1956.062.

Based on this recent information, detectives made application for a search warrant at Abilene Gold Exchange. The warrant was signed by a District Judge on December 12th at 4:30 pm. On December 13th, detectives met to discuss the issuance of the search warrant. Because they believed firearms were present, appropriate precautions were taken. The warrant was served at 9:25 am on December 13th.

Four officers entered the business while other officers secured the perimeter. The officers identified themselves and announced their purpose. The four officers included a uniformed officer assigned to the Patrol Division. The other three officers were detectives assigned to the Criminal Investigations Division. They were dressed in business attire along with a badge and body armor. Within a short period of time of the officers entering the business, one officer encountered an armed person inside. The armed person drew his weapon and pointed it directly at the officer, and the officer fired striking the suspect twice. No other persons were injured; two rounds were fired by the officer. Medical assistance was provided immediately. However, Mr. Marcus Lane Cass succumbed to his injuries.

Additional investigative personnel were called to the scene, as were the Texas Rangers. As is customary, the Texas Rangers were asked to conduct an independent investigation. Additionally, a protective sweep of the business was done, wherein numerous firearms were viewed in plain sight. The scene was secured, and detectives then applied for a second search warrant related to the shooting investigation. While applying for the second search warrant, detectives learned that the business owners, Mr. Marcus Cass and Mr. Charles Camp, also leased an adjacent office building located at 1319 S. Danville. Therefore, a third warrant was also drafted.

The subsequent search warrants were signed and then served at 3:15 pm on December 13th. Results of those searches have revealed approximately $60,000 in currency, 131 firearms, 63,000 rounds of ammunition, as well numerous documents. Suspecting there was more involved than just the commerce associated with precious metals, detectives requested assistance from the State Comptroller’s Office, the IRS, FBI, and the ATF. All agencies are actively investigating these circumstances, as is the Abilene Police Department and the Texas Rangers.

Mr. Charles Camp was arrested on December 14th at 12:30 am for warrants based on a probable cause affidavit from the State Comptroller’s Office. Additionally, he has a federal hold with no bond pursuant to federal charges. His other bonds total $20,000.

This is an active investigation. More information may be released at a later time.

Chief Stan Standridge

Complete thread:

 RSS Feed of thread

powered by my little forum