Millionaire son burns his Ferrari 458 Italia down to get a new one - International Business Times AU
The unnamed son of a Swiss millionaire has torched his Ferrari 458 Italia over the border of German town Augsburg. The 20-year-old wanted to obtain the insurance money for his old car in order to buy a better and faster car model. This attempt to scam for a sports car has sentenced him to probation of almost two years. According to the local media, he arranged for two arsonists to burn his sports car in an industrial car park so that he could claim the insurance amount easily and buy a newer Ferrari model. Unfortunately, the boy neither received compensation for his torched car nor money to buy the newly launched fascinating four-wheeler for himself. According to 20 Minutes newspaper, translated by the NY Daily News , the boy met a salesman who told him that it would be difficult for him to buy the new model as his current Ferrari would not be enough for the cost of the new one. Therefore, the salesman suggested that he should destroy his Ferrari and claim for compensation from the insurance company. Source: www.ibtimes.com.au
