If it's a kid he needs to be taught a lesson before he ends up killing someone or damaging property, i'd have a talk with his parents, explain in detail what he did, and what time it was, no lights etc, let them handle punishment. Hopefully they are good parents and will take his keys away for a while. If he does it again then take matters into your own hands somehow (i like your options) and don't incriminate yourself, just keep it your own little secret.