intentionally swamping Bugatti for insurance money

Messages
189
Location
Michigan
I remember this video back when it happened, but first time i seen anything mentioned about it being intentional for insurance payout. Not that I was actively following it. None the less....fail https://autos.yahoo.com/blogs/motoramic/...-131558950.html
Quote:
Bugatti Veyron owner who drove into lagoon admits fraud, faces 20 years in prison
https://autos.yahoo.com/blogs/motoramic/...-153312889.html
Quote:
Investigators later discover that shortly after buying the Veyron for $1 million in October 2009, House had insured it for $2.2 million — and that he had left the W-16, quad turbocharged engine running for 15 minutes after submerging the car to ensure its destruction
Quote:
House took out a $2.2 million collector's car policy on the car -- which happened to equal the debts House owed to a business parter. That policy was written for a car meant to sit in a garage and stored as a collector's item; instead, the insurance company says, House listed the Bugatti for sale and drove it nearly 1,200 miles in three weeks.
 
Last edited:
Messages
1,848
Location
Laramie, WY
LOL LAMBO! hahaha, great video... They just want the car because it looks "fancy" but they have no idea what it is and whats even under the hood or how to take care of it...
 
Messages
1,723
Location
Virginia
I wonder if at any time during the investigation and trial, if he uttered the line "I would've gotten away with it too, if it wasn't for those pesky kids" like a scooby-doo villain.
 
Top