Hope this isn't a trend of sorts...
http://host.madison.com/ct/news/local/crime_and_courts/high-end-bicycles-stolen-from-west-side-garage/article_3dd74658-fb7c-11e1-ac4f-001a4bcf887a.html

Although my bikes run more like Dipesh's commuter ride than a $3500 Gunner.
-------------Patrick Lenon

Date: Mon, 10 Sep 2012 14:41:34 -0500
From: [email protected]
To: [email protected]
Subject: Re: [Bikies] Stolen bike


  
    
  
  
    Dipesh - and everyone - Just making sure you are aware of the garage
    break-ins that have been occurring on the West/SW side. Thieves have
    been getting into unlocked cars and using the garage door openers to
    access garages. I believe the West side police issued an alert
    regarding this sometime in August.

    

    Rick

    On 9/10/2012 10:57 AM, Matt Logan
      wrote:

    
    
      >From what I recall, the recovery rate for a stolen bicycle is about 1 in 
40.
Unfortunately, the last time I checked, the MPDs willingness to investigate
stolen bicycles is limited to the case where the value exceeds $2500.  The
MPD also rolled back its bicycle recovery effort in 2004, and does not sweep
common stolen bike dumping grounds (Like starkweather creek south of East
Washington).  The MPD property room is also very slow in picking up bicycles
that are reported as abandoned.  I have reported abandoned bicycles in the
past, only to have the property room folks show up the next day and the
bicycle had been re-stolen during that time, and then the property room
people complain to me that I wasted their time.  

=Matt

-----Original Message-----
From: [email protected]
[mailto:[email protected]] On Behalf Of Dipesh Navsaria
Sent: Monday, September 10, 2012 9:26 AM
To: [email protected]
Subject: [Bikies] Stolen bike

Good morning, everyone.  Well, my commuter bike was stolen last Thursday
night/Friday morning out of what was probably a garage left open overnight.
(I suppose someone could have defeated the garage door opener security, but
it seems a lot of trouble for a single bicycle.)  Police report was filed by
my wife (I was out of town) and I'm awaiting a call back from the Bicycle
Recovery Program folx.  I did have it registered with the City with a
sticker on it.

The person I spoke with at the police department stated that they had a
pretty high recovery rate.  Anyone here with experience with the process?
How long is reasonable to wait before I replace the bicycle?  What are the
chances of it being recovered in one piece?

The irony is that it wasn't a particularly new (3-4 years, perhaps?) or
expensive bike -- I think it was the closest to the door, so they took it
and fled.  The helmet that they left sitting on the garage floor had a
brand-new, relatively expensive light on it, so clearly they had no idea
what they were looking for.  *sigh*

Peace and Prosperity,
Dipesh
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