NICB: Stolen IDs Being Used to Steal Cars

  Thursday, October 2nd, 2014 Source: NICB

Forget hot-wiring. As new technology makes it harder to steal cars the old-fashioned way, today’s thieves are using more sophisticated “white-collar” methods to get their hands on a set of wheels, according to the National Insurance Crime Bureau (NICB). The NICB and its law enforcement partners report a growing number of these cases which, in legal terms, constitute financial fraud. Therefore, these stolen vehicles are not counted as auto thefts — which may partially account for the steady decline in auto theft crime statistics over the past two decades.

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