A federal jury returned verdicts Friday finding Honolulu resident Larry Lee, 62, guilty of three charges following a three-day trial, according to the Department of Justice.

Lee was found guilty of possession of a stolen firearm; receiving, concealing, or retaining stolen government property; and being a felon in possession of a firearm.

According to information produced in court, on Dec. 27, 2010, Lee received stolen government property, including a federal agent’s firearm and tactical equipment in exchange for $400 in cash.  The individuals responsible for stealing the federal agent’s firearm and tactical equipment pleaded guilty to their respective criminal charges in both state and federal court.

Florence T. Nakakuni, United States Attorney for the District of Hawaii, said that Lee faces up to 20 years imprisonment for his convictions, with a mandatory minimum term of imprisonment of 15 years on the felon-in-possession charge, due to his prior criminal record, when he is sentenced by United States District Judge J. Michael Seabright on March 8, 2013.

The indictment resulted from a one year joint task force investigation conducted by Immigration and Customs Enforcement's  Homeland Security Investigations, and the Honolulu Police Department.