Tuesday, April 07, 2009

Boats, now cars

The economy is really doing a number. Last week, I noted that some boat owners were scuttling their boats in order to not be saddled with the eternal drain on their wallets. Today I learned it's boats, too.

From Emily Friedman, Cash-Strapped Auto Owners Illegally Ditch Cars: Cases of Auto Fraud on the Rise as Struggling Owners Rid Themselves of Cars.
The faltering economy is to blame for a rise in motor vehicle fraud cases nationwide, according to investigators who tell ABCNews.com that never before have they seen owners so desperate to get rid of their wheels, even if it means breaking the law.
What's next? Homes?

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