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Investigators suspect fraud recover vehicles from Detroit River
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Vehicle recovered from Detroit River
Fishing in the Detroit river brought more up then just fish. Investigators suspect fraud has recovered vehicles reported stolen, some vehicles that were reported stolen as far back as the 1980's.
More than 25 cars were pulled from the Detroit river. AAA says the number of reported thefts is up as the economy takes a dip. So far, more than 1,000 such claims have been reported in Michigan.
“I've never seen anything like it,” said Chris Charon, a fraud investigator with Lakeside Investigations.
“People just can't handle the bill or they get inflated receipts for stuff that they didn't get and then they report it stolen and they collect from the insurance companies,” Charon said. With so many vehicles submerged in the water, Detroit Police think people were trying to collect cash on the cars by reporting them stolen and then dumping them in the river.
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