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Stolen luxury yacht found in the Bahamas

Saturday, January 31, 2004

CHARLESTON, USA: A luxury yacht stolen under the cover of darkness from Charleston's City Marina on Jan. 7 was found Wednesday night near the town of Freeport in Grand Bahama.

According to a report by the Charleston Post and Courier, investigators still don't know who sailed the vessel 500 miles to Freeport or why.

Acting on a tip, Bahamian police and U.S. Drug Enforcement Agency agents found the $750,000 Beneteau 57 in good condition at Running Mon Marina and Resort, investigators said Thursday. The yacht, which is owned by Atlanta physician Glen McIntosh, is one of only 35 built so far and the only one in North America.

"The boat has been secured," and the owner's insurance company is making arrangements to sail the boat back to Charleston, FBI Special Agent Robert Derr said Thursday.

The sailboat could have gone unnoticed for weeks at the nearly deserted marina, which has a reputation for criminal activity, Derr said. The Beneteau 57 was one of two boats docked at the 70-slip marina.

"A number of stolen boats have been recovered from this particular marina over the years," Derr said.

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