INDIANPOLIS – Stephen King, 66, of Indianapolis, was sentenced to 18 months in federal prison yesterday, after pleading guilty to dealing firearms without a federal firearms license.
According to court documents, in August 2020, law enforcement officers in Chicago recovered firearms connected to crimes committed in Chicago. Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) Special Agents in Chicago and Indianapolis discovered that the guns had been purchased by King in Indianapolis four days prior to being recovered by law enforcement officers in Chicago.
Emails recovered by law enforcement showed that King purchased and unlawfully re-sold 167 firearms between April 12, 2020, and September 2, 2020. He purchased 38 guns from various Federal Firearm Licensees, and another 129 from private sellers online.
Court documents show that King illegally resold 100 of the guns within three days of purchasing them. As of the date of his sentencing, 24 firearms bought and resold by King have been recovered by investigators in connection to crimes including drug trafficking, unlawful possession of a firearm ,and firearms trafficking.
King made over $9,900 in profits while selling the weapons despite not being licensed to do so.
