East Coast's largest auto theft ring busted on LI
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East Coast's largest auto theft ring busted on LI
Lexus Champion
Joined: Apr 2003
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From: c
1. LYNBROOK
2001 Cadillac DeVille DTS is stolen from new-car dealership. Sticker price is $46,000.
2. LINDENHURST
Stripped of its body panels, bumpers, wheels, lights, seats and airbags, car is dumped behind a King Kullen. Accomplice calls 911 to report it.
3. MEDFORD
Police take hulk of car to an auction held by auto insurance companies. Front man buys it for $10,000, sells it back to accomplices for $11,000, making $1,000 in profit.
4. ROSELLE PARK, N.J.
Car is now reassembled with original parts, and Virginia papers have been fraudulently obtained from a DMV employee (who is now cooperating with police). Accomplices sell the "repossessed" car to a New Jersey dealer for $33,000. Advertised as a used car, it is sold to a couple for $37,000.
2001 Cadillac DeVille DTS is stolen from new-car dealership. Sticker price is $46,000.
2. LINDENHURST
Stripped of its body panels, bumpers, wheels, lights, seats and airbags, car is dumped behind a King Kullen. Accomplice calls 911 to report it.
3. MEDFORD
Police take hulk of car to an auction held by auto insurance companies. Front man buys it for $10,000, sells it back to accomplices for $11,000, making $1,000 in profit.
4. ROSELLE PARK, N.J.
Car is now reassembled with original parts, and Virginia papers have been fraudulently obtained from a DMV employee (who is now cooperating with police). Accomplices sell the "repossessed" car to a New Jersey dealer for $33,000. Advertised as a used car, it is sold to a couple for $37,000.
that's a pretty elaborate scheme they got going on there... no wonder they made $20 million in profits.. but those scum had it coming to them 
They got what they deserved.
Nice house too.... I was kind of surprised that they published the crooks home addresses for all to see.
Lexus Test Driver
Joined: Feb 2002
Posts: 1,421
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From: NY
What I don't get is why they didn't stop affter they bought "a Queens shopping center and strip malls, apartment buildings, and medical offices on Long Island".
They could have gotten away with it all and just let the money roll in from the property.
They could have gotten away with it all and just let the money roll in from the property.
Lexus Test Driver
Joined: Jan 2004
Posts: 6,471
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From: SF
Originally posted by verylost
What I don't get is why they didn't stop affter they bought "a Queens shopping center and strip malls, apartment buildings, and medical offices on Long Island".
They could have gotten away with it all and just let the money roll in from the property.
What I don't get is why they didn't stop affter they bought "a Queens shopping center and strip malls, apartment buildings, and medical offices on Long Island".
They could have gotten away with it all and just let the money roll in from the property.
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