Tim, see there were a couple of blokes on the news last night (radio I think). They got nicked for stealing boats in NSW and because of loop holes in rego here in QLD they were able to re-register the boats and sell them through the Auctions.
They got caught when a prospective customer did a check because there were some anomalies with the Rego information. Apparently, they would hire a 4wd, go for a drive around the Burbs and one of them had some knowledge on boats. They would see the one they wanted, hook up and off they go....
Apparently they pocketed over 100K in profit from stealing the boats. Hopefully this will open up a bigger can, once the detectives get through with them...