Man Sinks His Own Chris*Craft Cavalier

[Soundbounder]

This certainly falls under the dumb criminal file. Looks like a nice old
Chris*Craft too.

http://www.cnn.com/2009/CRIME/02/22/yacht.fraud/index.html

[Concordia...41]

The loss of the vessel is sad :(


Confronted by investigators, Lewis admitted he intentionally sank his vessel, saying the financial strain "caused him extreme anxiety and frustration."


But gee ... welcome to the wooden boat (or really any boat) club :rolleyes::rolleyes:

[JimConlin]

Certainly the used boat market is hardly humming and older wooden powerboats are probably the slowest corner of the market. Unless the insurance underwriters have been very careful, I'd expect to see more stories like this.

Old joke:
A doctor vacationing on the Riviera met an old lawyer friend and asked him what he was doing there.

The lawyer replied, "Remember that lousy real estate I bought in Sacramento?. Well, it caught fire, so here I am with the fire insurance proceeds. What are you doing here?"

The doctor replied, "Remember that lousy real estate I had in Mississippi?. Well, the river overflowed, and here I am with the flood insurance proceeds."

The lawyer looked puzzled. "Gee," he asked, "how do you start a flood?"

[Soundbounder]

I am sure a few red flags were raised before they even looked at the boat.
The boat was for sale
He filed for bankruptcy in 2004
He rowed ashore
He went to work shortly after it sank.

None of those facts are incriminating, but the combination of them probably raised suspicions.

[Yeadon]

I'm still confused about where to find Puget Sound Bay.

[James McMullen]

Why can't somebody sink a couple dozen Bayliners and Carvers while we're at it? That would be a substantial net aesthetic increase for the Sound. . . .

[Peter Malcolm Jardine]

Oh that's easy.... it's harder to sink a fibreglass boat with poor maintenance. That's why a lot of people should buy frozen snot in the first place. Wooden boats are a different discipline. We see the result of that on this place all the time. There is at least a couple of weeks every spring I think I should have a steel or fibreglass boat, but that flash of sanity seems to pass.

[Soundbounder]

Why can't somebody sink a couple dozen Bayliners and Carvers while we're at it? That would be a substantial net aesthetic increase for the Sound. . . .And while we are at,,,,, jet skis too.

[cs]

However, due to environmental concerns, the Washington State Department of Natural Resources salvaged the vessel at a cost to the state of $2,866.
An inspection found a hole was drilled into the bottom of the Jubilee, and that two main engine sea strainers appeared to have been broken with a hammer.



http://i2.cdn.turner.com/cnn/2009/CRIME/02/22/yacht.fraud/art.yacht.sunken.mhy.jpg



Sounds like it might be had for a song and the damage doesn't sound too bad, but who knows.



Chad

[Tinman]

I guess it never occured to him to pull it out of the water and put it on blocks.