A man walked into a Hamilton car yard, handed over a fraudulent cheque for $75,000 and drove away in a shiny late model Porsche, police say.
Waikato Police released the alleged details after they recovered two cars with a combined value of over $100,000 including the 2008 Porsche Cayman.
It was recovered from a storage unit in Hamilton on Friday while a 2014 Toyota Rav 4 was located in a storage yard in Whangamata on the same day, acting detective senior sergeant Shelley Begbiesaid.
"Late last month a 21-year-old man walked into a car yard on Hamilton's Te Rapa Rd and presented a fraudulent cheque for $75,000 in turn, a salesman handed him the keys of the shiny late model Porsche,'' she said.
"A few days later he presented another fraudulent cheque, this time to a sales yard in Tauranga and drove off with a 2014 Toyota Rav 4 valued at over $46,000."
Begbie said police found the alleged offender at a Thames address but the missing cars weren't there.
The man appeared in court last Friday on two charges of obtaining by deception and Begbie's team discovered the vehicles the same day.The man is due to reappear in the Hamilton District Court on May 6 and will face 18 other similar charges in the Waitakere District Court later that month.
Begbie said car yard owners police had spoken to had initiated more robust identity checks to prevent falling victim to fraudsters in the future.
"And we would like these incidents to serve as a warning to other businesses not to take people at face value but to check before granting access to attractive or expensive stock or products."