Jul
10
Swapping VIN’s (Vehicle Identification Numbers), which is done by criminal entities, have long been causing problems with law enforcement. Possession of which is considered a crime for they are to remain attached to the vehicle they belong to from production to the end of its useful life when the unique number is retired and filed as discontinued. Problems with the credit market have increased incidents of so-called “owner give-up’s”, where auto owners report their vehicles stolen (with a little help from police and other people who have to process reports and other insurance requirements), subsequently filing for reimbursement or replacement by their respective auto insurance companies.