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n2doc

(47,953 posts)
Wed Aug 12, 2015, 11:14 AM Aug 2015

Spoiled Son Sets Fire To Ferrari In Order To Upgrade To New Model

In a bizarre case out of Europe, a 20-year-old Swiss man reportedly set fire to a Ferrari 458 Italia given to him by his father in a half-baked scheme to use the insurance money to upgrade to a new model. Incredibly, the spoiled brat is said to have had 14 other cars (including a Lamborghini) at his disposal in addition to a property portfolio worth close to $30 million and a monthly allowance that fluctuated between $5,000 and $10,000.

As Swiss publication 20 Minutes first reported, the 20-year-old in March of 2014 visited a dealership to get his car valued so that he could trade it in for a new model, possibly the 458 Speciale which went on sale about then. The quote he received was $193,500, which wasn’t enough to cover the cost of the new model.

It’s alleged the man was short of funds at the time so one of the dealers suggested he destroy his car in order to claim the insurance value, which presumably was higher than the quoted value. Three accomplices were recruited, including a person working at the dealership, and to avoid suspicion the group crossed the border into Germany to do the dirty deed.

Once they found a quiet area, the 20-year-old and one of the accomplices visited a massage parlor while the other two set fire to the car. However, security camera footage and telephone recordings led to a prompt arrest of those involved.

more
https://www.yahoo.com/autos/s/spoiled-son-sets-fire-gifted-ferrari-order-upgrade-125000810.html

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Spoiled Son Sets Fire To Ferrari In Order To Upgrade To New Model (Original Post) n2doc Aug 2015 OP
This should land him a top position managing a big bank. The right stuff for the role. leveymg Aug 2015 #1
UBS is interested in Wealth Management. Octafish Aug 2015 #5
UBS has a history almost as august as BIS leveymg Aug 2015 #7
Says volumes about Slick Willie, doesn't it? hifiguy Aug 2015 #41
too bad the care wasn't a decepticon and stepped on them. roguevalley Aug 2015 #33
Kid needs boot camp for delinquents or a major boot to his pimply backsides. Octafish Aug 2015 #2
+1000 Blue_Tires Aug 2015 #14
Yes, indeed. narnian60 Aug 2015 #26
The Italia may be Ferrari's finest achievement hifiguy Aug 2015 #38
Absolutely true...however, Montezemolo gave us LaFerrari... Octafish Aug 2015 #42
That, and it's McLaren counterpart hifiguy Aug 2015 #43
Bruce McLaren started something special off Roger Penske's Zerex Lola Special. Octafish Aug 2015 #45
These are the people who would own us. Scuba Aug 2015 #3
shudder. nt restorefreedom Aug 2015 #19
Honestly, who didn't set fire to their Ferrari in their early 20s? Orrex Aug 2015 #4
Didn't even have the decency to first crash it into the tire wall at Turn Six. leveymg Aug 2015 #11
Well, Not Set Fire To It ProfessorGAC Aug 2015 #34
Greedy and entitled on steroids malaise Aug 2015 #6
dealership is in 'worlds of trouble' to recomend insurance fraud Sunlei Aug 2015 #8
Literally makes me sick flobee1 Aug 2015 #9
My Late Great Ex always used to say that everyone wants the same thing. WillowTree Aug 2015 #10
Sounds like a worthwhile addition to the menu. nt Buns_of_Fire Aug 2015 #12
Waste of good air 2naSalit Aug 2015 #13
Ah! I see in your future a Cushman scooter in need of overhaul. Eleanors38 Aug 2015 #15
Nah. Make him drive a Duex Chevaux. longship Aug 2015 #16
2-cylinder opposed? Eleanors38 Aug 2015 #18
Yup! longship Aug 2015 #30
There's something about that minimalist design that I find appealing. PersonNumber503602 Aug 2015 #31
Not much safety, though. nt longship Aug 2015 #32
As I recall from the 1965 Frankfurt Auto Show 1939 Aug 2015 #39
And you knew you had a good one because it rattled right out of the showroom. longship Aug 2015 #44
I lol'd at the visual Oilwellian Aug 2015 #21
The mobile French chicken coop? hifiguy Aug 2015 #37
He gets between $5K and $10K in allowance/month and he was still short of funds for the new car? Deadshot Aug 2015 #17
Did anyone notice there was no name mentioned? Oilwellian Aug 2015 #20
Was one of Rmoney's sons one of the accomplices? kairos12 Aug 2015 #22
In Switzerland? Why would the Romney's get involved in this? yeoman6987 Aug 2015 #27
I'm pretty sure the post you're replying to was a joke. PersonNumber503602 Aug 2015 #29
Oh thanks. I imagine Romney sons might be spoiled yeoman6987 Aug 2015 #35
One of the "hard working" vankuria Aug 2015 #23
I remember this story about a country boy discntnt_irny_srcsm Aug 2015 #24
He was sentenced to 22 months of probation and given a fine of $33,000. . . Journeyman Aug 2015 #25
In Switzerland, as in the U.S., judicial compassion for affluenza. (n/t) Jim Lane Aug 2015 #46
So wait, he had a portfolio worth $30 mill, but he only gets 5 -10k a month? truebrit71 Aug 2015 #28
Setting the fact that this spoiled brat should, on general principles, be hifiguy Aug 2015 #36
But the guy 1939 Aug 2015 #40

leveymg

(36,418 posts)
1. This should land him a top position managing a big bank. The right stuff for the role.
Wed Aug 12, 2015, 11:19 AM
Aug 2015

Only difference, he'll be burning pension systems and entire countries some day.

Octafish

(55,745 posts)
5. UBS is interested in Wealth Management.
Wed Aug 12, 2015, 11:26 AM
Aug 2015

UBS vice chairknuckle Phil Gramm brought in Bill Clinton and George W Bush and others to help the Cause...

http://financialservicesinc.ubs.com/revitalizingamerica/SenatorPhilGramm.html

Coincidentally.

leveymg

(36,418 posts)
7. UBS has a history almost as august as BIS
Wed Aug 12, 2015, 11:35 AM
Aug 2015

Harriman Brown Bros, Prescott Bush, George Herbert Walker, Dulles Brothers, Sullivan & Cromwell, Schroeder Bank, Morgan Bank, IG Farben, Standard Oil, all one big happy family.

The Dulles Brothers, Harry Dexter White, Alger Hiss, and the ...
japanfocus.org/-peter_dale-scott/4109/article.html
by PD Scott - ?2014 - ?Related articles
Apr 21, 2014 - The BIS had handled Nazi looted gold when other banks had refused to do ... The Dulles brothers and their allies, who argued that Germany must be .... the Chase National Bank, and then, at the invitation of Averell Harriman, ...

The Hitler Legacy: The Nazi Cult in Diaspora: How it was ...
https://books.google.com/books?isbn=0892545917
Peter Levenda - 2014 - ?History
The head of the BIS at this time was an American, the said Thomas H. McKittrick, who ... (at the time running theOSS office out of Bern, Switzerland) and his brother John Foster Dulles. ... Brown Brothers, Harriman and Co., Kuhn& Loeb,etc.
Meet Thomas McKittrick, Hitler's American Banker – Tablet ...
www.tabletmag.com/jewish-news-and.../hitlers-american-banker
Tablet

Aug 30, 2013 - Standard Oil, General Motors, JP Morgan, Brown Brothers Harriman, ... Despite his lobbying and John Foster Dulles' legal advice, the BIS's ...
Tower of Basel: The Inside Story of the Central Bankers' ...
https://books.google.com/books?isbn=1610392558
Adam LeBor - 2013 - ?Business & Economics
chaired the BIS Organization Committee in BadenBaden, wrote to McGarrah from 2 ... He asked McGarrah to assist Miss Dulles—especially as she was the sister of ... Kuhn, Loeb &Co.;Harris, Forbes &Co.; Brown Brothers; W. A.Harriman; and ...

 

hifiguy

(33,688 posts)
41. Says volumes about Slick Willie, doesn't it?
Wed Aug 12, 2015, 07:47 PM
Aug 2015

Christ, the stink from the incestuous relationships among the plutocrats would knock a buzzard off a shit wagon.

I am sure he is well compensated.

Octafish

(55,745 posts)
2. Kid needs boot camp for delinquents or a major boot to his pimply backsides.
Wed Aug 12, 2015, 11:20 AM
Aug 2015


One of the greatest cars ever made, wasted on a kid who doesn't know that he doesn't know squat.

Going by what he's accused of doing, I don't believe he ever will.
 

hifiguy

(33,688 posts)
38. The Italia may be Ferrari's finest achievement
Wed Aug 12, 2015, 06:06 PM
Aug 2015

in mid-engined cars. A fusion of artistic form/beauty and mechanical function that is second to none. Even by Ferrari's exalted standards, it is a masterpiece. It's PERFECT.

Octafish

(55,745 posts)
42. Absolutely true...however, Montezemolo gave us LaFerrari...
Wed Aug 12, 2015, 07:51 PM
Aug 2015

...the ultimate, oops, the most magnificent automobile ever produced.



And if I burned up my Ferrari to turn a buck my father would personally boil me in its oil same day.

PS: I'm with you on the looks comparo, hifiguy. The Italia is sculpted from dreams.

 

hifiguy

(33,688 posts)
43. That, and it's McLaren counterpart
Wed Aug 12, 2015, 08:02 PM
Aug 2015

simply boggle the mind.

i know a speaker manufacturer - highest of high end home audio - from my many years in the high-end press, a fellow named David Wilson. When my editor and I visited his factory a few years back, knowing I am a car guy that worships all things Ferrari, he took me out for a couple of hours in his hot-rodded F355, or maybe it was a 430 (he had three Fazazzes at the time and also has an "all access" passport for the factory - he's owned Ferraris for 40 years, even when, as both he and his wife, also a fancier, said "we had absolutely no business owning one&quot . The next day his 550 Maranello was parked in the lot. I pointed this fact out and Dave said "Yup. Thought you might want to take a spin in it."

After putting myself back into my shoes I agreed. I'd traveled about a city block in that car when I realized I would have to dosomething so intentionally and monumentally STUPID to get myself into trouble in that magnificent machine that I loosened up and enjoyed my 25 or so minutes. From the passenger seat Dave egged me up to 100 mph and that Maranello felt at 100 the way a normal car does while creeping along at a stoplight.

I will remember that day and that drive until the day I shuffle off this mortal coil. I cannot imagine a more overwhelming and wonderful experience.

ETA - the Italia is, like Beethoven's greatest symphonies, a perfect expression of art and aesthetics. You couldn't change a line or a note without ruining the perfection.

ETA: Jeezus, just LOOK at it:



The only other Italian export of comparable beauty is Sophia Loren.

Octafish

(55,745 posts)
45. Bruce McLaren started something special off Roger Penske's Zerex Lola Special.
Wed Aug 12, 2015, 11:00 PM
Aug 2015


Montezemolo, at his recent induction into the Automotive Hall of Fame in Dearborn, was swamped by media asking him about Ferrarri going public that same day. What most impressed me was his modesty and kindness towards others, especially including the press. He said a Ferrarri is an engine with an automobile wrapped around it.

The guy is more than all class, he is the real deal. He gave fellow inductee Raman Tata a kiss and hug.

You driving a Ferrarri, hifiguy...the car looks good on you.

Orrex

(63,201 posts)
4. Honestly, who didn't set fire to their Ferrari in their early 20s?
Wed Aug 12, 2015, 11:24 AM
Aug 2015

Let's not be so quick to cast stones, shall we?

ProfessorGAC

(64,995 posts)
34. Well, Not Set Fire To It
Wed Aug 12, 2015, 05:20 PM
Aug 2015

Blowing it up was way cooler to watch and i could blame mob connected family members.

flobee1

(870 posts)
9. Literally makes me sick
Wed Aug 12, 2015, 11:40 AM
Aug 2015

I have sleepless nights worrying how im going to make my old truck last another year and still pay my bills while this clueless asshole destroyed a Ferrari just so he could get a new one. He has no idea what it feels like to work so hard that it hurts to sleep. He has no clue what it feels like to have a debt free life just beyond your grasp. He will never understand the terror that strikes you when your vehicle makes a funny noise with no money in the wallet and 5 bucks in the bank, being one breakdown away from losing everything.
I despise people like this.

WillowTree

(5,325 posts)
10. My Late Great Ex always used to say that everyone wants the same thing.
Wed Aug 12, 2015, 11:41 AM
Aug 2015

More.

The man was pretty smart about lots of stuff.

longship

(40,416 posts)
30. Yup!
Wed Aug 12, 2015, 04:17 PM
Aug 2015

And put together with bailing wire and a few wishes.

The upholstery is little better than plastic webbing like a lawn lounge chair. Cheap!


PersonNumber503602

(1,134 posts)
31. There's something about that minimalist design that I find appealing.
Wed Aug 12, 2015, 04:25 PM
Aug 2015

It's almost like a golf cart disguised as a car.

1939

(1,683 posts)
39. As I recall from the 1965 Frankfurt Auto Show
Wed Aug 12, 2015, 07:38 PM
Aug 2015

I was stationed in Hanau at the time.

This magnificent piece of automotive gear retailed for $850 American brand new.

longship

(40,416 posts)
44. And you knew you had a good one because it rattled right out of the showroom.
Wed Aug 12, 2015, 08:57 PM
Aug 2015

And the day it was scrapped, possibly decades later, the son of a bitch still rattled.

Deadshot

(384 posts)
17. He gets between $5K and $10K in allowance/month and he was still short of funds for the new car?
Wed Aug 12, 2015, 12:59 PM
Aug 2015

Ugh.

I hate spoiled people.

 

yeoman6987

(14,449 posts)
27. In Switzerland? Why would the Romney's get involved in this?
Wed Aug 12, 2015, 03:17 PM
Aug 2015

The youngest Romney brother is 40 and they have enough money to upgrade to another car. I think you may have thought the story was in the United States with older people involved.

PersonNumber503602

(1,134 posts)
29. I'm pretty sure the post you're replying to was a joke.
Wed Aug 12, 2015, 04:15 PM
Aug 2015

I'm going to assume that Romney's kids are known to be spoiled rich kids, or perhaps he the son in question has pulled similar stunts. It may also be a general jab at some of the rich who live in their own little twisted worlds. Either way, it was likely just a jokes and the person doesn't actually believe Romney's son had anything to do with it.

discntnt_irny_srcsm

(18,479 posts)
24. I remember this story about a country boy
Wed Aug 12, 2015, 02:40 PM
Aug 2015

Kenny was born in Missouri. After a visit to a neighbor, young Kenny grew very fond of the neighbor's donkey which was for sale as the neighbor had fallen on hard times. He spoke to his father. The father and the donkey's owner struck a deal and $500 was paid for the donkey with the neighbor due to deliver him the following weekend. Kenny was to work off the debt and pay back his father.

The neighbor showed up to make the appointed delivery and apologized. It seems that over the few days that passed the donkey fell ill and died. Kenny was very disappointed but said that the neighbor could just repay his dad with no hard feelings. The neighbor apologized again and said that he already spent the $500 using some of the money to pay the vet to care for the sick donkey and, assuming the donkey would recover, the balance on other expenses.

Kenny thought for a moment and, being a bright and creative boy, told the neighbor to bring donkey anyway. The neighbor asked why and Kenny said, "I'm going to raffle him off at the fair." The neighbor said, "You just can't do this!" Kenny said, "Watch me."

At the fair Kenny sold $2 raffle tickets for the donkey. Used the money to pay back his father and made a few dollars besides. A few weeks later the neighbor met Kenny again and asked about the raffle and the donkey. Kenny said that sold the dead donkey to a processing plant and went to the raffle winner and explained the donkey's death and refunded the man's $2.

Years later Kenny founded Enron.

Journeyman

(15,031 posts)
25. He was sentenced to 22 months of probation and given a fine of $33,000. . .
Wed Aug 12, 2015, 02:49 PM
Aug 2015

or put another way, he lost 3 to 6 month's allowance and for the next couple years has to spend an hour a week talking to a working stiff.

 

truebrit71

(20,805 posts)
28. So wait, he had a portfolio worth $30 mill, but he only gets 5 -10k a month?
Wed Aug 12, 2015, 03:51 PM
Aug 2015

Sounds like that moron needs a new financial advisor, not another fucking Ferrari...

 

hifiguy

(33,688 posts)
36. Setting the fact that this spoiled brat should, on general principles, be
Wed Aug 12, 2015, 06:02 PM
Aug 2015

dropped into the densest, and hopfully most cannibal-infested, jungle on the planet with a pair of cargo shorts, a knife and nothing else, as a car guy this breaks my heart.

A Ferrari, ANY Ferrari, is a piece of art you can drive. None more than the 458 Italia.

For a car guy or gal this is an act of vandalism on the Laszlo Toth scale.

1939

(1,683 posts)
40. But the guy
Wed Aug 12, 2015, 07:44 PM
Aug 2015

Who puts too many miles on his leased Ford Focus and owes mileage at the turn-in, drives it into a canal, reports it stolen to the police, and lets the insurance company pay back the dealer is just trying to get his own back from the EEEEEEEVULLLLLLL banks and insurance companies?

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