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.
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.
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