500 Million THB possible from stolen vehicle auction


BANGKOK/THAILAND — Your stolen Escalade or superbike might now be on sale at an auction in Bangkok.  Sayonara fancy ride!

After sending one ship back with the contents I guess they decided to err on the side of profit and SELL the things for profit themselves.

The cartels who control the stolen auto trade must be absolutely disappointed.  The BIB have found a genius way to cash in not possible with drugs or prostitutes as these scores can be sold on for profit to the public.

Source: THE NATION http://www.nationmultimedia.com/news/breakingnews/30320067

The Customs Department held an auction of 300 confiscated vehicles at its head office in Bangkok’s Klong Toey district on Thursday.

The auction was expected to fetch at least Bt500 million.

Many bidders showed up to check out the vehicles. Officials confirmed they could be registered legally after modification and repair to meet the Land Transport Department’s requirements.



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