Luis Tanahara, a 53-year-old former senior product designer at MGA Entertainment, is facing serious charges for allegedly stealing over $1 million worth of collectible diecast cars from the company's factory in Chatsworth, California. Prosecutors state that on February 14, Tanahara loaded approximately $500,000 worth of these collectibles into his personal vehicle. Following a search of his residence on March 4, investigators recovered more than $1 million worth of CarTuned collectibles. These diecast cars are highly sought after by collectors, particularly when sold in surprise 'Master Packs,' which can significantly increase their value. Los Angeles County District Attorney Nathan Hochman emphasized that these items represent a considerable loss for the victim, as they are not merely toys but prized collectibles. Tanahara has pleaded not guilty to one felony count of grand theft and one felony count of receiving stolen property. He was released on his own recognizance and ordered to stay away from MGA Entertainment. If found guilty, he could face a maximum of six years in state prison, with his next court appearance scheduled for May 27.