Sunday, December 6, 2009

STOP Stealing other people's cars!

It is no secret that I have been infuriated by the rash of fraudsters that this financial crisis has exposed from a respected Regulatory chairman, a gaggle of lawyers, and many many, too many others.  My favorite saying is "Stop Stealing Other People's Money".


And so we come to this morning's piece from AutoBlog.com of a similar fraudster whose approach is to stealing exotic cars.  Stop Stealing Other People's SCHTUPH!  It's NOT yours.  As clever a you might be, STOP.  And better yet, give yourself up and return all the stolen property.  Then you and Stanford, Madoff, the whole lot of you can play games together in orange jumpsuits.


When Fernando De Soto spoke of the REAL reason for the collapse of the western progress has been the FAILURE of Property Rights Law.  No can TRUST NO ONE any more.  Period.  And THAT is a VERY sad state of affairs.




Bogus car hauler stealing luxury autos from dealers in several states?

Hauler

Luxury cars are nice. Most people would consider some kind of sacrifice to own one, while others plant their behinds in Corinthian Leather through ill-gotten gains. When something is desirable, there's no end to the scheming. The latest tactic for driving luxe without earning it is pretty blatant: just show up and take it!Automotive News reports that the FBI is currently looking into an operation that's using the identity of Atlas Towing and Recovery of Illinois, a real, legitimate business, to take luxury vehicles right out from under the noses of dealerships.

The false haulers are apparently showing up at dealers and picking up cars using Atlas Towing's credentials, causing the National Auto Auction Association to send out a warning. Over the summer, Manheim Auto Auctions also got hit with a fake car hauler, and that operation is believed to be connected to the more recent activity. Dealers have been warned to notify the authorities if anyone posing as Atlas Towing and Recovery comes calling and and tries to pick up vehicles. It is pretty slick, though, showing up with a truck and an air of official-ness. Points for cleverness, but it's likely not clever enough to avoid capture eventually.

[Source: Automotive News - sub req, | Image: BringATrailer]

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