Gone in 60 Seconds – Fraud and Theft on Luxury Cars

GUEST EDITORIAL

Everyone wants a luxury car, but few can afford them. And that is exactly what makes them targets of fraudsters and thieves. Now, getting your hands on a luxury car and making potentially hundreds and thousands of dollars has become increasingly easy thanks to loans and finance programs. And since technology such as Lo Jack and GPS has curtailed the problem of theft, more and more fraudsters are turning to financing these luxury cars with stolen or synthetic identities and then shipping them overseas for huge profits.

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Gone in 60 Seconds – Fraud and Theft on Luxury Cars