The Austin Police Department’s South Central Area Command Detectives have made an additional arrest in the high-dollar bike thefts. Layne Severson, (DOB: 10-15-79) has been charged with Money Laundering, a State Jail Felony and has been booked into Travis County jail on a $5,000 bond.
Detectives learned that Severson owned an online payment account. The proceeds from the sale of the stolen property were deposited into this account which was connected to Severson’s checking account.
James Clayton was arrested on Tuesday Feb. 3, 2009 in connection with this case.
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