The law doesnt do much to thieves anyways..... other than give them jobs in politics, one of my closest friends had the same thing happen. A guy stole his bike on foot and pushed it to his house which was on the same street. The cops pretty much take a report and then forget about it, they dont actively investigate theft claims. He asked around the neighborhood and was eventually led to the thief. He went to the house, peaked in the backyard and saw familiar bike parts so he called the police. Police came out, identified the stolen bike, the guy had already cut it in half and had it stripped down to parts. The guy didnt do a single night in jail, his insurance didnt pay for the bike, my friends own insurance had to cover it, since he had traded a financed bike in to get that bike, he had a balance over the book value. Insurance paid the book value and left him with the remaining debt. He still sends in payments on the 4kish remaining debt and has no bike to show for it. and like i said..... guy didnt spend a single night in jail.