I wouldn't consider the owner to have "stolen" that wallet. After all, the thief had left the owner's $$ (in fairings, engine covers etc) scraped across the asphalt. Really he was just "re-appropriating" his own money back.
And your attempt to get out of the insurance question is rubbish as well. Clearly you know you're on shaky ground there.
I have a friend whose brother was riding his bike along, quite legally on the road, with third party insurance etc (being a "good" boy). He was hit and his bike written off by a 15y/o girl who had no license nor obviously, insurance either. Despite being found by the courts as being completely liable, and fined by the cops, they have not seen a cent of the money the written-off motorbike.
Clearly you think that these sorts of situations are completely fair, and socially and legally acceptable.
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