(Image: U.S. Attorney's Office, Western District of Michigan)
By Ed White
More than 100 handguns were stolen from a store in southwestern Michigan after the manager was held at gunpoint outside his home and forced to reveal how to turn off the alarm, authorities said Tuesday.
All guns except one were recovered and two men were arrested Friday, a day after the brazen heist at Dunham's Sports, U.S. Attorney Mark Totten said.
“Just look at the firepower on this table,” Jim Deir, head of the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives in Michigan, told reporters.
“There's over $100,000 worth of guns here. ... My experience: These were headed to the streets. These were headed for quick sale, quick money,” Deir said.
The two men, who are brothers, are accused of targeting a Dunham's near Benton Harbor, 100 miles (160.9 kilometers) east of Chicago.
A store manager told investigators he was confronted Thursday night, blindfolded and placed in the rear seat of a car, federal agent Mallorie Campbell said in a court filing.
“One of the subjects held a gun to his head and made him reveal the passcode to the alarm at the store,” Campbell wrote.
Store video shows a man later disabling the alarm system and filling two coolers with 123 handguns, Campbell said.
Investigators got the name of a suspect after he tried to transfer money from the manager's bank account with a cash app, the agent said.
The complaint charges men with four crimes, including gun theft. Campbell said they admitted their roles during interviews with investigators.
“It is no secret that we are experiencing an epidemic of gun violence across the nation, across the state of Michigan and right here in Benton Harbor, as well,” Totten said. “What happened at Dunham’s Sports is a striking example of what is driving this crisis.”
Walmart, which became the nation’s largest retailer by making low prices a priority, has found itself in a place it’s rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats.
Chris Beauchamp, Chief Market Analyst at IG International, joins J.D. Durkin to give analysis on the recent trade truce between the U.S. and China. Watch!
Shan Aggarwal, VP of Corporate and Business Development at Coinbase, discusses the company's acquisitio of Deribit as it heads into the S&P 500. Watch!
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.
