In 1974, Sweden delivered 1,000 Volvo 144 sedans to North Korea, hoping to spark a new era of trade. The cars arrived, but the payment never did. Five decades later, the debt has ballooned into the billions, and the vintage Volvos are still being spotted on the streets of Pyongyang. This episode of True Crime To Go breaks down the largest "car theft" in history—a state-sponsored swindle that remains on Sweden's books to this day.

True Crimecast

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The Volvo Heist - North Korea

FEB 13, 20267 MIN
True Crimecast

The Volvo Heist - North Korea

FEB 13, 20267 MIN

Description

In 1974, Sweden delivered 1,000 Volvo 144 sedans to North Korea, hoping to spark a new era of trade. The cars arrived, but the payment never did. Five decades later, the debt has ballooned into the billions, and the vintage Volvos are still being spotted on the streets of Pyongyang. This episode of True Crime To Go breaks down the largest "car theft" in history—a state-sponsored swindle that remains on Sweden's books to this day. --For early, ad free episodes and monthly exclusive bonus content, join our Patreon!   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.