UNDATED — A Point Pleasant man alleged to have recently stolen approximately $50,000 in merchandise from a retail store in Point Pleasant, as well as the store owner’s home in Gallipolis, has been arrested.
Matthew A. Young, 32, 397 Grandview Avenue, Point Pleasant, was arrested by officers with the Point Pleasant Police Department at approximately 5:30 p.m. on Monday at his residence.
On Saturday, Josh Siders, owner of Siders Jewelers in Point Pleasant, reported to law enforcement officials that Young, a friend of his, had taken approximately $50,000 in jewelry from both his residence on Kineon Drive in Gallipolis and from his store in Point Pleasant.
“He should have to answer for what he did,” Siders said about the suspect being a long-time friend.
Siders also reported that he does not expect the recent incident to affect his business.
“I don’t expect this to affect my business too much — other than his family may not shop here,” Siders said.
Following an investigation, officers later located some of the stolen items at two Cashland locations in Gallipolis and Pomeroy. It was also reported that Cashland of Gallipolis received a list of the stolen items from law officials and agreed to put a hold on all of the items contained in the list while the investigation is under way.
Following his arrest on Monday, Young appeared before Mason County Magistrate Gail Roush and was charged with two counts of grand larceny.
The suspect is currently being held in the Western Regional Jail under a $25,000 bond.
Also, according to a court official, Young has an active warrant for his arrest through the Gallipolis Municipal Court following his failure to pay fines for misdemeanor charges stemming from 2009 offenses.
As of press time, charges against Young relating to his alleged theft of jewelry from Siders’ residence in Gallipolis have not been filed.
The case remains under investigation by the Gallipolis Police Department and the Point Pleasant Police Department.
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