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A decade ago I worked in a relatively ‘interesting’ second hand shop. We would avoid blatantly stolen goods, because as the boss (who was only interested in money, not morals) put it - if the police seize it you won’t get your money back regardless of good faith.
So I’m quite shocked you paid out for the return. The person should have taken up the issue with whoever they paid £300 to, to retrieve their money there and not from you.
Indeed, if they had the details of the person it would be a trail back to whoever stole it.
Even a former neighbour in London had that. They spotted their bike on the street, person refused to surrender it, called police. Police seized it after some discussion, waiting for proof of provenance, and the person it was seized from? “Well at least give me the £30 I paid for the new rear wheel”... they’d chucked the high end wheel and put a Sclater St special on the back!
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pdlouche
The guy said he bought it in Tottenham for £300. The original owner had reported it stolen to the police at the time, we had pictures of it to show the police, it's a unique bike...not a specialized allez.
Their suggestion was to take his details to pass onto the original owner so they could (potentially) sort it out amongst themselves. They were going to give him the stolen bike back, LoL!!
The only thing we could do to keep the bike was to give him the value of the bike. We paid him £300 cash, which he left with!!