Two Businessmen Charged With Running Fencing Operation Out of Suburban Chicago Stores
CHICAGO — Two businessmen have been charged in federal court with running a fencing operation out of their suburban Chicago stores. ZIAD I. ZAYED, also known as “Zee,” 46, and MOSAS I. ZAYED, 33, both of Frankfort, Ill., are charged with conspiracy to receive and dispose of stolen property across state lines. The Zayeds, who are brothers, were arrested Tuesday. They are scheduled to appear for detention hearings today at 2:30 p.m. before U.S. Magistrate Judge Gabriel A. Fuentes. According to a criminal complaint filed in U.S. District Court in Chicago, the Zayeds used their store – Crestwood Electronics Inc.