FLORIDA KEYS (WSVN) — Police are searching for a man wanted on multiple counts of credit card fraud after he was stopped for allegedly stealing a bike.

According to police, 41-year-old Alex Bogomolny was stopped after he was spotted with a bicycle that matched the description of one reported stolen. Police confirmed it was the same bicycle that had been stolen from a Tom Thumb store in Big Pine while the owner was inside shopping.

When officials asked for Bogomolny's identification, they discovered he had multiple debit cards with different names on them. According to police, Bogomolny claimed not to know where the cards came from. He later changed his story and said they belonged to his business partner.

Police said, a total of 24 cards were seized with four different names on them.

The bike's owner identified the bike as his, but did not want to press charges. Bogomolny was released, but the case was referred to detectives to further investigate the issue of the debit cards in his possession.

When detectives arrived at Bogomolny's residence to further investigate, they found mail from credit and debit card companies addressed to several other people in his trash. A detective contacted the people whose names were on the mail and none of them had given him permission to possess their mail or to have any kind of credit or debit cards in their name.

Bogomolny was not at home during the time of the investigation.

If you have any information on the whereabouts of this man, call Florida Keys Crime Stoppers at 1-800-346-TIPS. Remember, you can always remain anonymous, and you may be eligible for a reward.

(Copyright 2013 by Sunbeam Television Corp. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Join our Newsletter for the latest news right to your inbox