REPORT: FBI busts up $25M car cloning ring
The Federal Bureau of Investigations has shut down a car theft ring operating in the U.S. for more than 20 years, causing in excess of $25 million in losses to owners and banks. According to CNN, the ring would clone cars, swiping the legal identity of one car – VIN numbers, tags, stickers -- and applying it to another, stolen car. The cloned car would then be sold to a dealer or consumer, and the countdown would begin: Eventually, most would be discovered as stolen property and confiscate