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In trouble – Son of Swiss billionaire sets his Ferrari on fire to get a new one

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The son of a Swiss multi-millionaire is in trouble for deliberately setting fire to his £150,000 Ferrari so as to claim another one.
The 20-year-old, who lives part-time in Augsburg, Germany and owns 15 other vehicles, is said to have become bored with his Ferrari 458 Italia and colluded with three others to set the car on fire.

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Unconvinced, the insurance company after studying the CCTV footages and checking phone records, uncovered the mischief.

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The Car

In a court hearing in Augsburg a judge sentenced the man to 22 months probation and a fine of £20,865, while his accomplices received probation between 14 and 16 months each.

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