RiverLiver
Leo
HDF Bronze Supporter D-DAY
Costa Mesa CA Posts: 5,318
APPD 0.63 Post Rank: 16 60' Hatteras
Posted: Oct. 13 2006,7:55 am
Post # 1
Found this over on HB.
5 Indicted In 'Fast Boat' Theft Ring 10/11/06
Federal investigators said they have busted a boat theft ring and indicted five suspects after an investigation that began in Jacksonville.
The U.S. Attorney's Office said the suspects were stealing high-performance boats and then selling them.
The case originally began when Jacksonville Beach police investigated a boat theft. They contacted other agencies, dealing with similar thefts.
Prosecutors said the suspects took boats from several places around Florida, and from Southern Georgia, and moved them to the Miami area. They said the defendants changed the boat identification numbers, then fraudulently registered the boats.
The defendants allegedly sold most of the boats, but kept some for their own use.
Investigators said they've recovered a total of 38 stolen boats with a total value of $4 million.