PITTSBURGH The owner of
AAA Scrap Metal in Pittsburgh is facing up to 10 years in
prison and a fine of $250,000 for his role in the theft of
nickel from ATI Allegheny Ludlum Corp.
David Michael Spaid, 56, pleaded
guilty in U.S. District Court in Pennsylvania to interstate
transportation of stolen goods. He is scheduled to be sentenced
In October 2011, some Allegheny
Ludlum employees in Brackenridge, Pa., stole four super sacks
of imported Russian nickel and moved them to a nearby field
where an employee of Spaid met them, according to the U.S.
The nickel, which weighed more
than 17,000 pounds, was valued at $151,000. The men were given
$30,000 with an agreement they would receive an additional
payout based on the selling price, the U.S. Attorneys
Office said. The nickel briquettes were sold to a Terrell,
Spaid admitted to transporting,
transmitting and transferring the stolen material across state
lines. He told police that he had purchased at nickel from an
ATI employee at least nine times.
AAA Scrap Metal had no comment
on the matter and declined to indicate whether it will remain
in business if its owner is sentenced to prison. Spaid could
not be reached for comment.