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Repeated theft shuts down luxury car sharing startup
Peer-to-Peer luxury car sharing startup HiGear closed this week due to several thefts of members' cars.
It seems that being handed the keys to a virtual smorgasbord of luxury and classic cars was too tempting not to fall victim to a ring of professional car thieves. Using stolen identities and credit cards to bypass HiGear's member security checks, bandits boosted four member vehicles worth a total of $400,000, according to TechCrunch.com. The worst part is that members probably personally dropped the keys into the boosters' open hands.
Unlike other car-sharing networks, HiGear didn't use an iPhone-based … Read more
