$2.5 Million in Luxury Cars Recovered After Fraudulent Purchases
Millions of dollars in luxury cars have been recovered after a months-long investigation in California.
Sharing to their Facebook page, the Special Services Vehicle Theft Unit of the California Highway Patrol (CHP) Southern Division shared they had concluded a two-month investigation into vehicle theft after a variety of luxury models had been fraudulently purchased from local dealerships.
“A search warrant was served by the unit in the San Fernando Valley, where investigators recovered approximately 35 stolen luxury vehicles, which included Aston Martin, Bentley, BMW, Jaguar, Land Rover, Lexus, Mercedes Benz, and Porsche,” the social media post explained.
The authorities confirmed they arrested one person in connection to the theft. They also seized one firearm in addition to discovering an “indoor marijuana grow operation of well over 400 plants was discovered.”
The CHP ended their post by encouraging anyone with knowledge of the crime to come forward. “This is an ongoing investigation, and if you have information or believe you were possibly a victim of this type of vehicle theft, please contact the CHP Southern Division Vehicle Theft Unit at 323-644-9550,” the post read.
Auto Blog reports that thirty-five cars were recovered on a property in Van Nuys. The reported total of the cars that were recovered is estimated to be over $2.3 million USD.
One of the cars that was founded included a Bentley Continental GT, which often goes for $200,000 or higher. Other notable cars recovered included a current-generation BMW X6 (est. $85,000) and an Aston Martin Vantage ($143,000).
This may be a win for investigators, but there are plenty of other luxury cars that remain missing, including nearly $1 million in designer vehicles that were stolen from an Illinois dealership this year.
Earlier this month, we reported that 14 luxury cars were stolen from Autobarn Collection located on the 1900 block of Greenwood Street in the early hours of the morning. The thieves made off with models from brands like BMW, Audi, Mercedes, Maserati, and Bentley.
Security footage showed the thieves entering the dealership after breaking a window with a crowbar. They were then able to disassemble the security system. After breaking the lock box, they were able to make away with most of the designer cars featured in the showroom.
In other luxury car news, we reported that a cargo ship carrying $335 million in designer vehicles sank after a fire broke out on the Atlantic Ocean. Luckily, all crew members were evacuated without any injuries.
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