The UK’s National Vehicle Crime Intelligence Service (NaVCIS) has successfully concluded a seven-year investigation that led to the recovery of 30 luxury cars, valued at approximately £6.5 million, which were returned to their rightful owners.
Among the high-end vehicles was a $300,000 Lamborghini Huracán Spyder, one of several that were fraudulently financed and stolen between 2016 and 2017.
The investigation revealed that the vehicles had been illegally exported to Thailand shortly after being acquired through deceptive financing schemes.
Once in Thailand, the cars were shipped by air freight, with many eventually ending up in showrooms or industrial sites around Bangkok.
NaVCIS collaborated closely with Thailand’s Department of Special Investigation (DSI) to track down and recover the cars.
This cross-border operation highlights the growing complexity of international vehicle crime, which often involves sophisticated networks operating across continents.
The joint efforts of NaVCIS and the DSI give credit to the importance of international cooperation in tackling organized crime and ensuring that high-value assets are returned to their lawful owners.
The recovery operation marks a significant victory for NaVCIS in the ongoing fight against global vehicle theft and fraudulent financing.
In Nigeria, the primary institution responsible for addressing car theft is the Nigeria Police Force (NPF), particularly through its Criminal Investigation Department (CID).
Tasked with investigating various crimes, including vehicle theft.
Additionally, the Vehicle Registration Agency under the Federal Road Safety Corps (FRSC) plays a role in tracking stolen vehicles by maintaining a national vehicle registry. Including the National Insurance Commission (NAICOM), which works with insurance companies to promote measures against vehicle theft and offers guidelines for insuring vehicles.
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