Porsche Stolen in 1988 Seized at Port Customs agents in Los Angeles find 930 Turbo worth $70,000 By Dustin Lushing, Newser Staff Posted Oct 28, 2011 5:57 PM CDT 5 comments Comments File photo: The stolen Porsche was a model from 1976. (Max Earey/Shutterstock.com) (Newser) – US Customs agents in Los Angeles cracked a 23-year-old case when they seized a Porsche 930 Turbo on its way to being shipped to the Netherlands. The sports car had been reported stolen—in 1988. The 1976 red Porsche eluded authorities for more than two decades, reports the Los Angeles Times. Federal inspectors discovered the car was stolen after checking its vehicle identification number, although it is unclear whether the exporter knew the car's shady history. The owner is listed as the insurance company that paid off the original owner after it got stolen in Vegas. It had somehow been registered in three states over the years. The car was being shipped sans engine, and it would fetch about $70,000 once one is installed.