Videos Community Forums Tuned CarsHome Super Cars Photo Gallery

Enter your email address:
Delivered by FeedBurner

Gas prices causing fake auto theft rise?


It's an old story: owner cannot afford luxury car and cannot sell luxury car to cover what's owed, so the owner dumps car in a lake (or river, swamp, neighbor's garage, etc.) and collects the insurance from his/her “stolen” car. What's new in this story is that the Miami Herald is reporting gas prices may be playing a role. Researchers at the National Insurance Crime Bureau (NCIB) have noted a correlation between the rise in gas prices and the growing number of potentially fraudulent insurance (...)

Permalink | Comments




 
< Prev   Next >