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The Honolulu Advertiser

Updated at 2:38 p.m., Wednesday, January 24, 2007

Man charged in Prada theft

Advertiser Staff

A man arrested on suspicion of burglary yesterday in connection with the theft of hundreds of thousands of dollars worth of Prada merchandise from a Kaka'ako warehouse in December has been charged with a single count of second-degree burglary.

Tracey F.W. Coryell Sr., 40, was arrested on suspicion of second-degree burglary after he told police that he and two others stole Prada merchandise from the upscale clothier's Kaka'ako warehouse Dec. 26, police said.

Coryell is being held in lieu of $20,000 bail.

Police said the stolen items have a retail value of more than $300,000 and a wholesale value of $95,000. They were initially thought to have a retail value of $1 million and wholesale value of about $650,000, but police revised the amounts after reviewing company records.

He was arrested at O'ahu Community Correctional Center, where he was being held on an unrelated charge.

Coryell has 30 criminal convictions, including two each for burglary and felony theft.

He was serving five years' probation after being convicted of car theft in February 2005.