NASHVILLE, Tenn. (WKRN) — A Nashville business owner is in custody following a raid by Metro police Thursday afternoon.
The operation was carried out at the Smoke Depot on Stewarts Ferry Pike.
Police say the MNPD Fraud/Pawn Unit had been investigating the location since November. They allege Amir Safa Keriakes, 41, knowingly purchased approximately $7,300 in stolen cigarettes, alcohol and other household goods.
Undercover detectives carried out five operations where they “sold” Keriakes more than $7,300 worth of goods that were clearly indicated as stolen retail products. He then resold some of those items during buy-back operations.
They also say Keriakes “would place verbal orders for cigarette products and alcohol that he wished to acquire in future purchases.”
He is facing charges of money laundering and felony theft. He is being held on a $40,000 bond.