Recognizing stolen equipment ???

[/pine]

Pawn shops are an interesting case. Like where do they think much of the stuff comes from?

I guess if you can even get to see work orders, with the machine listed, as well as the sellers name, that would go a long way to assure me. Criminals aren't big on documenting stuff.

Many may not realize this but most pawn shop owners have close working relationships with the local police force or sheriff's dept...

 

[cathy liebchen]

My good friend's son in law bought a John Deere cab tractor and got a very, very good deal on it. It was a monster unit. Anyway, after owning it for a few months, he gets a letter from John Deere Credit stating the tractor is going to be repossessed for nonpayment of note. Seems the original owner didn't pay off the lien when he sold it. So this poor son in law is in a mess. The seller claims it's all just a mistake (and the buyer's money has been spent) and JD Credit is threatening legal action. An UCC lien check would have noted a lien on the tractor, but only financial institutions can run a check and don't like running it for some nut wanting to buy a tractor. It is still playing out, but it looks like the son in law is going to lose the tractor and will have to take legal action against the seller who is now broke. He will be out thousands before hiring an attorney. Even if the kid had run a lien check it naturally would have shown a lien as part or all of the purchase price would go to pay off the lien AFTER the sale. I'm not sure how the buyer could have protected himself.

Anyone can get a UCC search, they are filed where the owner debtor resides. If you know of the lien, you close with a lender payoff. This buyer could have protected himself by knowing what he was doing

 

[Industrial Toys]

My dad once had dead beat tenants living here, that we later learned, tried to sell our tractor to neighbours. Desperate people do desperate things.

 

[Ken]

There is a quick and legal method to get whatever is desired. At a pedigreed Holstein cattle sale. watched a buyer purchase 12 head of cows and loaded his Ohio trailer .The amount of close to 100 thousand bucks. check verified with bank as legal and left the sale. before he returned to his place of business was a lawyers office. and declared bankruptcy .
When the check bounced owner found out ,Could not touch or in any way bother the theif had full goverment protection
we stopped at his barn about 6 months later and he called sherrif who told us to get off property and not return.or we would be cited for disturbance.illegal entry . the cattle died of old age and still no payment .
2nd example. a person i knew had business of hydroseeding large areas Golf coarses and highway right of wayss. One eveniong came to my home with sad story of his equipment and truck stolen from work area. wanted to borrow money to purchase new truck and hydroseeder equipment and when insurance paid he would return. except visited a lawyer and bankruptcy blocked any attempt to recover the money.
Judge kindly explained I coud do nothing to hinder his activities. or attempt to recover any money. legalized theft backed by our legal system.
This is in total close to 200 thousand bucks just my experance. Now look in daily news papers of bankruptcy and see how many is being made.
My Father repeatly said never trust a Lawyer or Banker and watch the Judges . and if talking together some one is losing his money.

 

[arits74]

i bought a new john deere tractor in 2006,paid the dealer in full for it.a couple months go by and dealer calls and says he needs to pick it up to do warranty work on hydraulic system.he was really insisting on picking it up that day.it was locked up in my shop and i was 50 miles away so they came the next day and picked it up.long story short he had been selling tractors and not paying john deere for them.they shut him down a few months later and took all his inventory to other dealers.he picked up my tractor and another customers that i know to put them back in stock because john deere was coming to visit and check his stock.after they shut him down a john deere investigator came to my house asking me all about my purchase and dealing with this dealer.he would not tell me much but i already knew what was going on.he did tell me i would not lose my tractor.this was a place that had been in business for many years.

 

[MossRoad]

I don't want the state in my business, but I don't want somebody else's business in my business either.

Acme sells a specialty big bux widget to Bubba, who sells it BobbyJo two years later who sells it to me another three years later. I have a receipt showing paid in full and so does BobbyJo. I take it in for service at Acme and they tell me Bubba wigged out and I ow owe big bux.

Phooey on that. Acme can go after Bubba or whizz up a rope. They got no call to come after me or BobbyJo. Neither one of us had a contract with Acme promising to pay them a dime.

Acme bought and paid for politicians to write those kinds of laws.

Bubba steals your car, and sells it to BobbyJo. BobbyJo goes to register it, and finds out it belongs to you. Your thinking says BobbyJo gets to keep your car. Can't you see that???

 

[MossRoad]

Not related to original post....but not unrelated either...

Couple years ago, bought a new Stihl pole saw. Something like $700 I think?

Used it ONCE to trim something. Went out to use it the second time and ended up at neighbors house, leaving pole saw in my backhoe which was parked on the (dead end) road and we (about 5 of us) were standing about 150 feet away from the backhoe. Truck drove into the area.... came out and when they left, I noticed my pole saw in the back of their truck.

Called Sheriff but got out here too late.

Since it was brand new, I went home, got my receipt which had the serial number on it.

About a year later, got a call from the police.... my saw had shown up at a pawn shop about an hour away. The "seller" of it had violated his probation so I could wait through the court process & get it back afterwards OR, drive there to pay them $150 to reimburse them their fee to him.

I drove the next day & got it.

Couple months later, I got a county (state?) check in the mail which happened to be the reimbursement of the $150 that they must have fined him so in the end, I got things back.

When this began, I specifically told the detective that I do NOT want to know who the perp was...... because if he ended up floating in the lake, I wanted as much ignorance of him as possible lest someone look my way for his demise.

(didn't happen)

I can see where the pawn shop was in a quandry..... it's not fair they're out the money (they should have caught it prior to buying it) but, it's not fair that I had to buy it again (not knowing if I'd get reimbursed or not)


But it wasn't a $30,000 item either, ouch.

That kinda makes sense. The pole saw was evidence in the pawn shop case. So they were going after the seller. You pay what they want back out of the seller, and they drop the case. You get the evidence. You'd have gotten the saw eventually, you just sped up the process. It that about the way it went?

 

[Diggin It]

Bubba steals your car, and sells it to BobbyJo. BobbyJo goes to register it, and finds out it belongs to you. Your thinking says BobbyJo gets to keep your car. Can't you see that???

Nope. There was no legal transaction there to begin with.

 

[MossRoad]

Nope. There was no legal transaction there to begin with.

Bubba stole the widget by not paying it off. It's not his to sell. That's illegal to begin with.

 

[nards444]

With a reasonable question, they'd rather do a VIN Inspection than a stolen property or fraud report and investigation.

yes and no. Not saying you cant check with the police. After working in the field I can tell you two things. 1. Something like this they may not bother with, they are actually working most of the time. 2. If they do want to monkey with it there is two issues, 1. what can they reasonably check and using what systems, a VIN check CAN NOT be used in certain systems without a probable cause a reason, a private citizen inquiring on prospective equipment just isnt a reason. And lets say they can or just want to ignore the rules, the item may not be listed as stolen, or they may not have access to all the right systems.

Worth a try but you likely wont get much