Police in Thailand have raided several car showrooms, recovering six out of 42 luxury cars reported as stolen in Europe as part of an insurance scam.
The Department of Special Investigation (DSI) acted on information from the
UK’s National Vehicle Crime Intelligence Service, which revealed 41 vehicles listed as stolen in the
UK and one in
Italy.
Out of the 42 vehicles, 10 have been located by the DSI, according to deputy director-general Korawat Panpraphakorn. The six recovered vehicles were an Audi Q7, a BMW M4, a Honda Civic GT, a Lamborghini, a Mercedes-Benz G350, and a Porsche Boxster, according to a report by the Bangkok Post.
Korawat added that two BMW M4s and a Porsche Cayenne were already resold, while a Porsche Boxer was found in a duty-free zone of the Customs Department.
British authorities informed the DSI on how the insurance scam was run, according to The Nation.
Buyers began by taking out car loans to buy luxury vehicles in the
UK and
Italy. After a few instalments had been paid, the cars were smuggled into Thailand and vehicle theft reports were filed in order to claim insurance money.
According to the DSI, the owners of the resold vehicles can use them in the meantime, but they must surrender the cars immediately when ordered to by the authorities.
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