$5 Million in Luxury Cars Seized by U.S. Customs
There are a lot of new car scams in the world and most of them are initiated by the new car dealer, not the buyer. A group of buyers flipped the script on several Los Angeles dealerships, by using fake identities to purchase 20 cars and were shipping them to Hong Kong and Vietnam to sell them for two to three times their U.S. value.
It was a laundry list of luxury vehicles, such as a $280,000 2010 Ferrari 458 Italia, an Audi Quattro, 2012 Lamborghini Aventador LP700-4, along with several Mercedes, Lexus, Infiniti, and BMW SUVs among others. For some reason, the thieves even threw in a Toyota Tundra.
The one that got these fraudsters busted was the Ferrari 458 Italia, as Ferrari fitted the supercar with a GPS system as standard, which Ferrari used to track the car once they found out they were defrauded. This led U.S. Customs and the California highway Patrol to conduct a full investigation and find the cars on a ship that had already pulled away from the port.
Needless to say, that ship was forced to come back and all but four of the cars were recovered. The four non-recovered cars are due to be shipped back by Vietnamese Customs.
According to the report, had the fraudsters not gone after the Ferrari, chances are they would have gotten away with this scam and made a ton of money in the process. The total amount of the vehicles seized by U.S. customs is estimated at $1.5 million, which would have pulled in around $3 million in Hong Kong and Vietnam.
We are still trying to figure out what in the world a Toyota Tundra was doing in the mix with all of these high-end luxury cars. We also wonder which thief drew the short straw and was stuck going to the Toyota dealership to pick this thing up?
Source: Associated Press