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<p>[QUOTE="Dynoking, post: 8258441, member: 81795"]<i>As it relates to Dynokings car he bought, do you give it to the DMV and eat the loss. </i>If you knew it or later found out it was stolen I think you should. How would explain to law enforcement that you continued to own/operate a vehicle you knew/or later found out was stolen? If I could get back to the dealer who sold it Im sure the dealer would refund my money to keep my mouth shut, no?</p><p>True story from back in the day</p><p>Some one bought a beautiful Trans Am from a dealer. Several months later NYPD Auto Crime detectives come to his house and questioned him about the sale. The car was stolen and resold as part of an organized operation. He is in the clear as far criminal charges, but the car he financed for $1000's of dollars had to be surrendered to the PD. The poor guy was still responsible to repay the finance company. The victim had every right to request his money back from the dealer (who is now in jail). He would almost assuredly prevail in a court of law but good luck collecting. Would time change the outcome? At what point does the theft and resale of the vehicle become a victimless crime? An insurance compony paid out on the original theft. At what point in time does the insurance Co. lose their claim to the vehicle?</p><p>Let me summarize. I am so surprised even shocked to read some of the responses and explanations behind them to somehow justify the purchase or possession of a know stolen or at least suspect coin.[/QUOTE]</p><p><br /></p>
[QUOTE="Dynoking, post: 8258441, member: 81795"][I]As it relates to Dynokings car he bought, do you give it to the DMV and eat the loss. [/I]If you knew it or later found out it was stolen I think you should. How would explain to law enforcement that you continued to own/operate a vehicle you knew/or later found out was stolen? If I could get back to the dealer who sold it Im sure the dealer would refund my money to keep my mouth shut, no? True story from back in the day Some one bought a beautiful Trans Am from a dealer. Several months later NYPD Auto Crime detectives come to his house and questioned him about the sale. The car was stolen and resold as part of an organized operation. He is in the clear as far criminal charges, but the car he financed for $1000's of dollars had to be surrendered to the PD. The poor guy was still responsible to repay the finance company. The victim had every right to request his money back from the dealer (who is now in jail). He would almost assuredly prevail in a court of law but good luck collecting. Would time change the outcome? At what point does the theft and resale of the vehicle become a victimless crime? An insurance compony paid out on the original theft. At what point in time does the insurance Co. lose their claim to the vehicle? Let me summarize. I am so surprised even shocked to read some of the responses and explanations behind them to somehow justify the purchase or possession of a know stolen or at least suspect coin.[/QUOTE]
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