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Re:DIY Boat Monitoring System by throw0101a on Thursday May 06, 2021 @06:11PM (#27069644)
It's a bit of a thing:

> The group’s modus operandi involved renting a yacht from a charter company with different passports in each case, paying all costs in cash, and then taking out the automatic identification system of the yacht and putting it in a remote control toy boat to make the renters think that the yacht was adrift in territorial waters. Meanwhile, the stolen yacht had already reached international waters.

* http://theislander.net/member-of-yacht-robbery-group-arreste...

Of course fencing a boat can be difficult, but I'm guessing they probably break it up for parts (engine, electronics, galley/kitchen, etc).

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