Tuesday, September 17, 2013

Types of Auto Theft

According to FBI, in the United States every 30 seconds an auto theft occurs. According to National Insurance Crime Bureau, auto theft is generating nearly $8 billion a year and is a very profitable business to fraudsters. There are so many reasons for auto theft. Lets take a look at some of them.

To sell complete vehicle: Most of the cars are theft to resale them. These cars are sold in other states or international boarders. So they modify the numbers, paint, and registration papers to avoid the detection.

To sell as parts: Some thieves separate the parts and sell them at a discount prices. The thieves will earn much more when they sell in parts, rather than selling the entire car. The dishonor mechanics will buy the car parts from them with a discount rates. Mechanics will again sell to their customers at full price.

Clone the vehicle: It is a different type of theft. The thief will steal the car registration papers, insurance papers and any other documents related to the car. Later they will rob or buy a car similar to the documents of the car they have. It is really very difficult to trace such cars. It can only be revealed when any accident or crime takes place, as there are two cars with the same number plate, but with one registration document.

Insurance fraud: This type of fraud is also called as owner give up. Generally this happens in leased cars, because of high mileage traveled and charges have to be paid for that, the owner arranges a person who can steal or hide or burn the car, that gives an impression that the car was stolen.

Joy riders: Joy riders look for opportunity when the car keys are in the car and the owner of the car is away. They may steal the car to show off in front of their friends. Once the work is done they may abandon the car or keep it at their home or leave the car from where they stole. Joy riders are mostly teenagers.

To get transportation: Some car thieves, steal cars for their own transportation. They will use the car for some time and abandoned it or sell it after using it for sometime.

For other crimes: Sometimes vehicle are stolen to perform crimes such as drive-by shootings, burglaries and armed robberies. This is an attempt to change the focus while crime investigation.

It is very important to take some necessary precautions like, not leaving the keys of the car inside the car, parking the car at a parking zone, keeping the documents of the car in a safe place, etc. But if the theft takes place immediately compliant to the police.

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