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Cadillac — A Michigan man has been charged for allegedly stealing bars of silver and platinum and possession of methamphetamine, Michigan State Police said Friday.

Troopers conducted a traffic stop at about 1 a.m. on May 12 in the city of Cadillac, officials said. Cadillac is about 200 miles northwest of Detroit.

The driver was identified as Scott McDaniel, 30.

A check determined McDaniel had a suspended driver's license and no insurance. Troopers searched McDaniel and said they found one gram of a substance they suspected was methamphetamine, according to authorities.

They also searched the vehicle and found 10 10-ounce bars of silver and four 1-ounce bars of platinum in a CD case in the back seat. Police said the bars are worth a total about $5,000.

Investigators said McDaniel allegedly stole the bars of precious metals from a residence in Mesick, about 20 miles northwest of Cadillac. Troopers arrested him and took him to the Wexford County Jail.

Three days later, troopers at the Cadillac Post received a tip that McDaniel allegedly traded some platinum bars for a Jeep and a camper in Leroy, which is about 16 miles south of Cadillac. Troopers went to a home where the trade allegedly happened in Leroy and found platinum bars worth about $29,000 buried in the backyard.

McDaniel has been charged with larceny over $20,000, possession of meth, driving with a suspended license, driving without insurance and two counts of fourth-degree being a habitual offender, police said. The larceny charge is a felony punishable by up to 10 years in prison. The possession charge is also a 10-year felony.

He was arraigned in 84th District Court in Cadillac and a judge ordered him held on a $75,000 bond. 

Officials said additional charges may be filed against McDaniel.

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