NSW Police have charged five men with the theft of $267,000 worth of LCD monitors over the weekend.
According to a police media statement, 830 Dell monitors, along with the container they were stored in, were taken from an industrial site on Burrows Road in the Sydney suburb of St Peters between 9.30pm on Friday January 4 and 4.30am on Monday January 7. The 22-inch monitors are reportedly worth $267,000.
A spokesperson from NSW Police told ARN it was unaware of any similar thefts in the area recently.
In a second statement today, Property Crime Squad detectives said they had charged five men following inquiries into the theft. The arrests followed an overnight raid conducted by the squad in conjunction with the Middle Eastern Organised Crime Squad and Newtown Local Area Command.
"It will be alleged a large number of computer monitors were located and seized by police at premises in Lansvale and Punchbowl," the statement read.
Detectives are today executing a search warrant at a storage facility on the Hume Highway, Lansvale.
Police said two men from Liverpool aged 59 and 38, and a 49-year-old from West Hoxton, have been charged with goods in custody, while a 53-year-old Kogarah man was charged with one count of receiving stolen property and one count of goods in custody.
All have been granted bail and are due to appear in Liverpool Local Court on January 29.
Another 41-year-old Bankstown man is due to appear in Bankstown Local Court on January 30 charged with receiving stolen property.