Source: U.S. Customs and Boarder Protection

An international ring of thieves unsuccessfully attempted to smuggle at least 20 high-end vehicles, including a $280,000 Ferrari, from ports in Los Angeles and Long Beach, Calif., to destinations in Hong Kong and Vietnam, according to the U.S. Customs and Border Patrol. The smugglers used fake identifications to buy and lease the vehicles, ripping off dealers, lenders and insurance companies, according to the CBP.

A GPS device that the Ferrari dealer had installed in the black 458 Italia helped lead authorities to the docks, and to a dozen stolen vehicles that were packed inside containers labeled “used fitness equipment,” according to the feds.

The 20 luxury vehicles, valued at $1.5 million total, would fetch two to three times more overseas than they would in the U.S., according to authorities.

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