Monday, October 23, 2006

Stolen cars fom Norway found in Iraq














More and more cars stolen in Norway are turning up in Iraq, with some of These three cars stolen in Norway were found in northern Iraq. They were photographed at the Turkish border, waiting to get sent back to Norway.

The car thefts in Norway are thus being linked to terrorist activity and the financing of terrorism.
Many of the cars carry large loans, meaning their theft amounts to a swindle against the lender financing them or the car's insurance company. Nearly 60 stolen cars worth as much as NOK 20 million are believed to have been sent to northern Iraq via Syria and Turkey as early as 2004.
Around 10,000 cars are stolen in Norway every year, but only about one in five are ever recovered. The rest of the cases are left unresolved, meaning huge payouts for the insurance companies.

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