ocean key resort key west commits grand theft

while in touch with the u.s. coast guard today i was told the gentleman who purchased my stolen boat had applied for new title. i told coast guard boat was stolen and we did not authorise sale of vessel. i was asked to send in statement and its now my understanding title will not be transferred. i kind of feel sorry for person who got in middle of this situation but also feel if you are purchasing something of this value and getting it for a price much lower than value its best to do your homework. i also talked to a federal group today and gave my statement as to the theft of boat im hoping a full investigation will be done and arrests and charges be brought up on all individuals involved in theft. i will keep everyone posted as i hear more.