News

The wolf among us: Fraud in auto finance

In the past year, Auto Finance News has tracked 20 cases of auto loan fraud in the United States alone. The schemes racked up more than $173 million in fake loans and stolen cars. But these data points only tell part of the story. Auto fraud is notoriously hard to catch, said Detective Alex Arenas, head of economic crimes at the Fort Lauderdale Police Department. In fact, less than 2% of fraud schemes are typically uncovered by law…

Van thefts hit record levels: 45% increase in four years

Almost 10,000 vans and commercial vehicles were stolen in the UK last year – a 4% rise year-on-year and a 45% increase over the last four years. The figures show that vans in London and West Yorkshire are most at risk. Of the 9,371 van thefts reported in the past 12 months, 4,777 were stolen in Great London area – a rise of 15%. The biggest yearly increase in thefts was reported in Leicestershire with 10 times more vans stolen in…

Five months after returning rental car, man still has remote control

When Masamba Sinclair rented a Ford Expedition from Enterprise Rent-a-Car last May, he was excited to connect it to FordPass. The app allows drivers to use their phones to remotely start and stop the engine, lock and unlock the doors, and track the vehicle's precise location. "I enjoyed it and logged into FordPass to be able to access vehicle features from my phone such as locking, unlocking, and starting the engine," Sinclair, who is 34,…

This is the device thieves are using to steal your car

Durban - A software device that cost just a few thousand rands and can be bought online is behind a spate of car thefts, security companies and police say. Car thieves are employing the use of diagnostic key readers to override a car's security system and clone car keys based on the data the key reader is able to siphon off the cars onboard diagnostics. One of these devices were found when police and the Amanzimtoti Community Crime…

NICB Releases Annual Holiday Theft Report

DES PLAINES, Ill., Oct. 23, 2019 /PRNewswire/ -- New data released today by the National Insurance Crime Bureau (NICB) shows a total of 22,879 vehicles were reported stolen on the 11 holidays in 2018 covered in this report. NICB theft data is pulled from the National Crime Information Center's (NCIC) stolen vehicle file. Release Resources:  Report   |   Infographic   New Year's Day tallied the…

Calgary police crack vehicle theft ring after year-long investigation

After a year-long investigation into vehicle cloning in Calgary, police have issued arrest warrants for four people. In January, police executed a search warrant at Auto Detailing Specialists, located at 316 36th Ave. N.E., where they seized six stolen vehicles worth $730,000 and 119 grams of methamphetamine worth $10,000. Sgt. Graeme Smiley of the Calgary police district support unit said it was a significant auto-theft bust. “This is…

Cops nab gang that stole luxury Toyota cars for sale in Thailand

KEPALA BATAS: Police say they have crippled a luxury car theft gang dubbed ‘Geng Acu’ with the arrest of the 39-year-old gang leader at his house in Tamam Bertam Ria, here last Friday. Seberang Perai Utara district police chief Noorzainy Mohd Noor said police also arrested another man, aged 26, and the gang leader’s girlfriend, 36, based on intelligence and surveillance over the past two weeks. The gang was believed to be…

Rise in RCMP pursuit collisions prompts policy review

Ten months after worrying he would lose his life in a police chase, RCMP Sgt. Stephen Browne returned to the quiet suburban street in Airdrie, Alta., just outside Calgary, where he and his partner had ended the pursuit.  "I received a crushed tibia plateau on my left leg, torn knee cartilage on my left leg as well," he recalled, surveying the stretch of road where he was injured.  "It hurts when you get run over by a car." Browne is…

3 more charged in ‘identity theft ring’

CHARLOTTE, N.C. - It's an issue that concerns us all. Constantly, you hear of new ways thieves are trying to steal your identity. Now, an affidavit lays out a case against a group federal investigator's call: 'the identity theft ring'. The group is accused of targeting victims in their own homes, stealing people's "mail, real estate listings, and other public records" to execute its scheme. They reportedly used that…

FBI release 2018 US Crime Statistics

In the FBI’s Uniform Crime Reporting (UCR) Program, motor vehicle theft is defined as the theft or attempted theft of a motor vehicle. A motor vehicle is defined in the UCR Program as a self-propelled vehicle that runs on land surfaces and not on rails. Examples of motor vehicles include sport utility vehicles, automobiles, trucks, buses, motorcycles, motor scooters, all-terrain vehicles, and snowmobiles. Motor vehicle theft does not…