The owner of a Charlotte-area towing outfit is now juggling two criminal cases at once. Timothy Davis, who runs Precision Collateral Recovery and has operated under several company names, was arrested in March on fresh felony charges that prosecutors say stem from a stolen U-Haul. At the same time, a separate, long-running investigation tied to a 2023 search of his lot is sitting in neutral. Together, the cases are adding fuel to already intense scrutiny of towing practices in Charlotte and to a broader push for statewide reform.
Search of towing lot turned up guns, stolen trucks and a semi full of shoes
Court records reviewed by WBTV show that Charlotte-Mecklenburg police executed a 2023 search at the PCR Towing lot on Old Statesville Road. Officers reported seizing 17 firearms, including five that had been reported stolen. They also recovered vehicles and trailers listed as stolen and a 53-foot tractor-trailer loaded with boxes of Adidas shoes valued at roughly 5 million dollars.
That search led to roughly 10 felony counts tied to the items police say they found on the property. According to the court file, there is currently no trial date set in the 2023 case, leaving the matter idling on the docket.
March arrest alleges U-Haul theft and conspiracy
More than two years after that raid, Davis is again facing felony accusations. In March 2026, according to court filings, prosecutors allege Davis took part in a scheme in which four men hotwired a U-Haul at a lot on Steele Creek Road, drove it to a warehouse and were later captured on surveillance video cutting the lock to a fenced yard.
Davis is charged with felony larceny of a motor vehicle and conspiracy to commit felony larceny. His next court hearing in the U-Haul case is scheduled for August 12.
Mecklenburg County District Attorney Spencer Merriweather told WBTV that prosecutors are doing substantial investigative work behind the scenes. On the stalled 2023 matter, he said, "we will deal with that as it happens."
How this fits into a wider towing crackdown
Davis is hardly the only tow operator drawing attention. Complaints about predatory towing across the Charlotte region have helped spark local investigations and a louder push for more oversight.
As WFAE has detailed, community advocates and journalists have pushed towing reform onto the public agenda. State officials have also turned up the heat on operators accused of abusive practices, with increased enforcement steps highlighted by the attorney general, according to reporting by WSOC.
Legal implications
Under North Carolina law, larceny can be prosecuted as a felony depending on the value of the property involved and how the offense was carried out. Certain categories, including thefts involving firearms and other specified items, can be charged as felonies regardless of the dollar amount. Those classifications and the potential penalties are outlined in the state larceny statutes, found in N.C. Gen. Stat., Article 16.
Prosecutors say work on the Davis matters is ongoing, and future court dates and filings will determine how both the 2023 and 2026 cases move forward. This coverage will be updated as new public records become available.
