Thai TV actor claims he legally bought Lamborghini

[gemini81]

..../ He said that before the purchase he had checked all the documents and found they were legally proper. He insisted he didn’t know Mr Kittisak Matthujad, the fugitive key suspect in the embezzlement case, in person and didn’t know the car belong to Kittisak...../

If he checked the documents before buying , how could he miss the owner name K. Kittimak in the blue Book and after saying he did not know the car belonged to Kittisak ?

Exactly. His lying skills are about as brilliant as his acting skills.

[TPI]

Stolen goods will be confiscated by the state regardless if you pay full price for it or not.

It is your job to sue the person you bought it from.

Example: A stole a watch from a shop

B bought from A at full price (didn't know it was stolen).

A was arrested for straling the watch

B will have to return the watch to the shop, and not keep it even though he paid the full price.

Standard law! too bad so sad!

[SinCityGr8One]

Anyone remember the news article regarding the questionable Ferrari 456GT from 30 SEP 2007?:

In Thailand, exotic car theft is a pretty common occurrence, and thieves are pretty sophisticated about it, too. First, they make off with the vehicle's important components. Then, after the police seize what's left, the criminals purchase it at auction at about 15% of its value. This is "car laundering," and local officials have caught on to the ruse. Now, rather than auction cars off to the people who stole them to begin with, the government will simply crush what's left behind. Here's an example.

In June, Thai officials seized a Ferrari 456GT that was stripped of its ABS brakes, transmission, wiring systems, and exhaust. In proper condition, the car would be valued somewhere between 30 and 40 million Baht. In its stripped state, it likely would have brought under Bt 5 million at auction. If the original thieves were to re-acquire the car at that low price, and then restore it to working order with its own stolen parts, it could be sold at a tidy profit. So the government decided to make an example of the GT and sell it off as scrap. Enter one heavy excavator, exit one Ferrari 2+2.

It's a shame, really, but Thai authorities are serious about efforts to dissuade car laundering. At the very least, thieves won't be flipping this one for a quick buck...er...Baht

[chotthee]

Anyone remember the news article regarding the questionable Ferrari 456GT from 30 SEP 2007?:

In Thailand, exotic car theft is a pretty common occurrence, and thieves are pretty sophisticated about it, too. First, they make off with the vehicle's important components. Then, after the police seize what's left, the criminals purchase it at auction at about 15% of its value. This is "car laundering," and local officials have caught on to the ruse. Now, rather than auction cars off to the people who stole them to begin with, the government will simply crush what's left behind. Here's an example.

In June, Thai officials seized a Ferrari 456GT that was stripped of its ABS brakes, transmission, wiring systems, and exhaust. In proper condition, the car would be valued somewhere between 30 and 40 million Baht. In its stripped state, it likely would have brought under Bt 5 million at auction. If the original thieves were to re-acquire the car at that low price, and then restore it to working order with its own stolen parts, it could be sold at a tidy profit. So the government decided to make an example of the GT and sell it off as scrap. Enter one heavy excavator, exit one Ferrari 2+2.

It's a shame, really, but Thai authorities are serious about efforts to dissuade car laundering. At the very least, thieves won't be flipping this one for a quick buck...er...Baht

Since Prayuth took over, there is no more corruption.

BTW, my neighborhood garage can cheaply return that scrap into a Ferrari in 2 weeks.

[moe666]

Just reading the front page you guys do not get it, stop focusing on the actor just a smuck who got taken. The first buyer for 17 million sales it for 13 million. He could not explain the 17 but now the 13 is very easy toexplain I sold a car, he was just hoping no one would ask where did you get the car from. He doesn't care if he loses money he has laundried 17 million into 13 millionbut still very hard to explain away not enough distance between the original buyer and the final buyer.