Something about the owner refusing to talk to the press and throwing eggs at them makes me think it's fishy.
ASLplease
CKA Elite
Posts: 4183
Posted: Thu Nov 26, 2009 8:33 pm
the whole business model sounds flawed. Why would someone buy back a bike when the can call the cops instead?
ridenrain
CKA Uber
Posts: 22594
Posted: Thu Nov 26, 2009 9:12 pm
The idea was that he "buys" the bike from the theif and then sells it back to the rightful owner for the money he says he paid for it.
KorbenDeck
Forum Elite
Posts: 1681
Posted: Thu Nov 26, 2009 10:27 pm
I think if I used a bike in Vancouver or any high theft area and my bike was worth a few grand I would spend the money to get a tracker for it
ASLplease
CKA Elite
Posts: 4183
Posted: Fri Nov 27, 2009 12:47 am
Fail!
anyone that buys stolen property could have the property seized by the police so it can be returned to the rightful owner, and the rightful owner is not liable for the money that was paid to the thief.
Choban
CKA Elite
Posts: 3598
Posted: Fri Nov 27, 2009 8:26 am
He's basically created a market for stolen bikes, not good. A pawn shop can lose it's license and face fines if caught selling stolen goods, same should apply to this guy.
Forum Elite 
