MIAMI BEACH, Fla. – Miami Beach police say they have taken down a million-dollar auto theft ring.
Video obtained by Local 10 News shows the man police identify as Gregory Yearty crawling inside the valet room of The Setai hotel.
6 p.m. report:
He’s not there for the pool or the great buffet. Instead, cops say he is there to steal key fobs for cars worth hundreds of thousands of dollars.
The video was taken back in July 2024.
It then shows Yearty beginning to remove multiple key fobs from the valet keyboard before crawling back out.
Police said he would then use those key fobs to steal a blue Rolls-Royce, a Mercedes G-Wagon and a Ferrari, among others.
“Although it happened almost a year ago, our investigators were very persistent, and through investigative means, they were able to identify the offender and apprehend him,” said Miami Beach Police Officer Christopher Bess.
The luxury cars totaled about $2 million, police said.
The investigation went on for months as officers worked to find the culprits responsible.