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@Shannonball
http://www.gumtree.com/london/83/24234383.html
A 2008 Genesis Flyer for £250! Surely too good to be true. I called the guy and asked why he was selling it and he said at 100mph thebikeismine. Mmm. I asked again. He said it was too small for him, as he's 5ft10in. Mmm. I'd llove this bike, esp at that price but I'm not so sure that thebikeishis.
What is the legal position of you buy a stolen bike? Do you stand to lose the money and the bike?