Nearly 23 years ago a 1976 Porsche 930 Turbo was reported stolen in Las Vegas. The U.S. Customs and Border Protection (CBP) officers at Los Angeles/Long Beach Seaport discovered the 930 after examining a container scheduled to be exported to the Netherlands.
The VIN from the ’76 Porsche was entered into the law enforcement’s database and revealed that it had been reported stolen on November 24, 1988. The 930 turbo was then seized and returned to the insurance company who currently hold the title. Originally undervalued at $12,552, the Porsche 930 Turbo has become a collector’s item that is now valued at approximately $27,552 without the engine.
“This seizure is a prime example of how CBP’s outbound team combines intelligence, expertise and strategic targeting to recover stolen vehicles” said Todd C. Owen, CBP Director of Field Operations in Los Angeles.
From October 2010 to August 2011 the CBP/Outbound Enforcement Team (OET) at the Los Angeles/Long Beach Seaport have seized 51 vehicles and 49 engines heading overseas. With a total of $1.8 millionin combined estimate value, 24 were stolen, 63 were undeclared, seven were undervalued and six had fraudulent documents.