Arrest in theft of high end bike

A Niagara Falls man is facing multiple charges, accused of trying to sell a stolen high-end bicycle.
   
Police say the custom-built, Swiss-made B-M-C Impec bicycle was reported stolen from a tourist's vehicle in July.

It's valued at $10,000.
    
Twenty-seven-year-old Kody Mounsey is charged with trafficking in property obtained by crime exceeding $5,000, driving while under suspension and driving without a valid permit.
    
He's being held in custody pending a bail hearing today in St. Catharines.

Police say the arrest is part of an investigation into a series of bike thefts in the city's tourist district.