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Waterloo Man Arrested for Theft

CEDAR FALLS (CBS 2/FOX 28) -- Cedar Falls Police investigators have arrested 44-year-old Chad Stanley Martinson, of Waterloo, in connection with several thefts from retail stores in the Cedar Falls and Waterloo area from November of 2013 to January of 2014.  Martinson was charged with 4 counts of theft in the 2nd Degree and one count of theft in the 3rd Degree. 

More than $13,000.00 of new, unused power hand tools, electronics, and TVs were recovered from local pawn shops and returned to businesses.  The recovered items were stolen from Best Buy, Home Depot, Lowes, and Menards of Waterloo, and Wal-Mart, Menards and Scheels in Cedar Falls.

Martinsons fianc, 37-year-old Danette Lynn Hager was also arrested for Theft in the 3rd Degree.

Hager was released on bond.
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