How does the market function? - News Summed Up
How does the market function?

How does the market function?

May 27, 2018 20:03 UTC

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How does the market function?


more-inThere are more than 350 contractors or middlemen active in Sotiganj who purchase stolen cars from various States and bring it to the market. Thieves get in touch with these contractors who talk to Sotiganj godown owners. For example, for an SUV worth ₹20 lakh, the thief gets between ₹60,000 and ₹80,000. The car will be bought by a contractor, who will strike a deal with a dealer in Sotiganj for ₹1 lakh to ₹1.5 lakh. All the body parts are shipped to various shops and all that remains at the godown is the body.


Source: The Hindu May 27, 2018 20:03 UTC



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