Grand theft auto might be a problem for Metro Detroit dealers, but a growing concern among dealers nationally is fraudulent sales that appear like any other transaction.
Vehicle thefts done through identity theft, synthetic identities and similar schemes are on the rise as lucrative fraud opportunities elsewhere dry up and vehicle prices remain robust. Their prevalence has prompted some dealers to hire private investigators, stop selling out of state and take other precautions to ensure buyers are who they say they are. But catching, prosecuting and stopping these kinds of crimes can prove difficult, according to stakeholders.
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