- Associated Press - Monday, January 23, 2017

PHILADELPHIA (AP) - Federal agents probing home robberies in Philadelphia’s suburbs have raided a city jewelry store whose owner is accused of fencing stolen goods.

Agents on Sunday night converged on Jewelers’ Row and searched V Jewelers on 8th and Samson streets.

The store’s owner, Wasim Shazad, was arraigned on Friday after he was charged with dealing in proceeds of unlawful activity, receiving stolen property, failing to report precious metal transactions and corrupt organizations. It’s not known if he has a lawyer.

Prosecutors say a burglary ring targeted 15 homes in Montgomery, Delaware and Chester counties in which jewelry, cash and goods worth more than $1.5 million were stolen between August 2015 and July 2016.

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