Stolen 1981 Ferrari Recovered After 29 Years: NICB

April 21, 2016

A 1981 Ferrari GTSI that has been missing for 21 years has been recovered, according to the National Insurance Crime Bureau (NICB).

The car, reported stolen in 1987 from Newport Beach, Calif. while on consignment at a dealership, was recovered at the Port of Los Angeles and Long Beach earlier this month.

The original owner was paid about $37,000 for the insurance theft claim in 1987 for the vehicle, one of 1,743 of that model made in 1981, NICB said

The original owner has been contacted, according to the theft bureau.

After it was stolen, the vehicle identification number (VIN) was later switched to the VIN of a 1982 Ferrari that had already been exported to Norway in 2005. When the vehicle arrived at the port, it was headed from Texas to Poland.

Working with Customs and Border Protection, the California Highway Patrol and Ferrari representatives, NICB said it was able to determine the true identity of the car and to recover the original theft report filed with Newport Beach Police in 1987.

NICB records showed only 12 stolen red Ferraris still unrecovered at this time.

The NICB is supported by property/casualty insurance companies and self-insured organizations.

News and Video Source: NICB

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