Bike thefts increasing in Palo Alto

With Stanford University and high school and middle school students, bicycles are lost or stolen nearly every day in Palo Alto, said agent Dan Ryan. However, there has been a spike in the thefts of the expensive bikes.

A total of 31 bicycles, each worth $1,000 or more, have been stolen from June through last week, Ryan said. Nine of the 31 bikes were worth between $4,000 and $10,000