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#1
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Stolen Goods
Insurance Company to Auction Recovered Vintage VW Bus For Charity
![]() The fully restored VW was headed to a buyer in Europe, but was seized and discovered to have been stolen 35 years ago. Apparently the buyer in Europe is out over $20K. |
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#2
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Oh ! Those were the days.
'learned to drive in one of those!
(First time I ever heard the term "Valve Float") Somebody around here has one with the "Haight Ashbury",LOVE, PEACE paint job on a trailer with a tarp on it. ('Just waiting for the "Third, Woodstock" I guess)
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'84 300SD sold 124.128 |
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#3
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The bus is listed as a clean title??? How could be if it is been stolen and recovered... even after 34 years??
http://www.copart.com/c2/individualLot.html?lotId=19728389&searchType=onSaleNow
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http://i680.photobucket.com/albums/v...7/scotflag.gif http://i680.photobucket.com/albums/v.../scot2flag.gif "If women are so bloody perfect at multitasking how come they can't have a headache and sex at the same time?" Billy Connolly |
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#4
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The insurance company obtained title from the legal owner upon settlement of the loss claim. None of the subsequent owners have legal title since it it would have been derived from the thief, who could not pass legal title to the vehicle to anyone.
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#5
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Quote:
Do you see what i mean?
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http://i680.photobucket.com/albums/v...7/scotflag.gif http://i680.photobucket.com/albums/v.../scot2flag.gif "If women are so bloody perfect at multitasking how come they can't have a headache and sex at the same time?" Billy Connolly |
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#6
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This is BS, allstate pretty much re stole that bus from whoever restored it and bought it.
Their claim should expire after so many years.
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2006 CL500 1969 280SE 2023 Ram 1500 2026 Genesis GV70 2007 Tiara 3200 |
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#7
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Can't steal your own property, right?
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#8
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Quote:
How that fraud was perpetuated is of significant curiosity. And, yes, some poor slob is out a whole lot of money because of the original fraud. This fraud, if widely utilized, can be perpetuated on any unsuspecting used car purchaser. |
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#9
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Quote:
VIN Switching is a technique used by thieves to disguise the identity of a stolen vehicle. They will replace the VIN on a stolen vehicle with a VIN that is not associated with an active theft record. The vehicle thief will then try to resell the stolen car to an unsuspecting customer. In addition to manually switching the VIN, some VIN switchers will also develop fraudulent titles and registrations to go along with the vehicle. Salvage Switch: A vehicle which is extensively damaged, burned or stripped and deemed not worthy of repair is called "salvaged." Thieves use a phony name and address to buy a salvaged vehicle solely for its title and Vehicle Identification Number (VIN). They steal a car of the same make and model and switch the VINs -- removing the rectangular VIN plate from the salvaged car and placing it in the stolen car, giving the vehicle a "clean" look. The perpetrators then claim the stolen car is the salvaged one that s been rebuilt, register the car using the same phony name and address, and resell it to an innocent purchaser. |
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#10
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Mechanic Lien... the way it works is simple. You go to a garage for some service work, you can't pay the bill and mechanics refuses to release the car. The mechanic is allowed to request title under the Mechanics Lien reimbursement. He apply to DMV Utah for the title to be transferred to him, the waiting period is 45 days and after that the DMV issue the title in his name. So now he can sell the car because the tittle is clean and clear in his name. All the Banks, Credit Unions etc don't like that at all, but they can't do anything about it. If the "customer" keep the payment on the car for only 2 months they can't go after him after that he claim bankruptcy and they can't even get the car back ![]() So as you can imagine they are a lot of people trying to get out of the high payments so they just need to find A friendly mechanic that is ready to pay..let's say $5K cash for a $15K car... Once the garage receive the title they just sell the car for $10K. So the bottom line... there is a way to obtain legal title easier than everybody think. That is why Allstate going to auction and they don't really want to deal with all the hassle. Regardless of everything I think that the last owner will go after them. Remain to be seen
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http://i680.photobucket.com/albums/v...7/scotflag.gif http://i680.photobucket.com/albums/v.../scot2flag.gif "If women are so bloody perfect at multitasking how come they can't have a headache and sex at the same time?" Billy Connolly Last edited by Pavka007; 12-17-2009 at 12:52 AM. |
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#11
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$29,573.50 and the VW is headed to Florida.
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#12
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How could any of these stolen claims even still stand...?
National, International, and all state laws, have statute of limitations for stolen vehicles of only seven years... After that time limit, a vehicle can turn up stolen, and a title can still be acquired by whom ever owns it at the time. Someone purchased the vehicle 35 years after it was stolen, they must have gotten it with some sort of title...Not that it would even be required anymore anyways by that point. After ten years, you can buy anything you want without a title, and use only a bill of sale for the purchase. Then the DMV will make a new title for said vehicle. A 35 year old vehicle, shouldn't even have raised an eyebrow, and definately should not have been confiscated or impounded....
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[SIGPIC][/SIGPIC] |
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#13
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There are statute of limitations for the criminal act of stealing a car, but the title to a vehicle does not expire. So, while a person would not be able to be proscecuted for "grand theft auto" . . . that doesn't mean they get to keep the car or to profit from its sale by stashing it away until the SOL runs out.
Further, if the vehicle registration has been subsequently obtained via fraud or altering the VIN . . . legal title to the car doesn't pass to subsequent buyers. |
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#14
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Quote:
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i know Jim Smith. i don't actually know him, but I know of him
http://imageshack.com/a/img923/6201/RQ1H6A.jpg |
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#15
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Some states do not issue titles for older vehicles. It's possible to register a car with a faked bill of sale.
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