A method, collection device, and automatic meter reading (AMR) system for locating stolen utility meters use a set of identifiers, such as transponder serial numbers, to build a route of utility meters that have been reported as having been stolen. When each mobile collection device's daily routes are prepared, the route of stolen utility meters is added to the other routes for which the mobile collection device is ordinarily tasked with collecting meter read data. As the mobile collection device traverses its daily routes, it collects meter read data for the stolen utility meters along with the meter read data for its other routes. The route of stolen utility meters is unloaded from the mobile collection device along with the other daily routes when the read process is finished. The route of stolen utility meters may contain information that may assist the utility company in locating the stolen utility meters.