Spoiled Rich Kid Pays $30000 to Light His Ferrari on Fire So He Can Get a New One - NextShark

The son of a Swiss millionaire decided that instead of working hard to earn the money to buy a new 2015 Ferrari 458 Italia, he would, instead, burn his old one in an elaborate scheme to get away with insurance fraud. The 20-year-old had his 2012 Ferrari 458 Italia appraised back in March, but was told that his car wouldn’t sell at a high enough price to cover the cost of a new 2015 Ferrari 458 Italia. Although the son owns the keys to 14 other cars, including a Lamborghini, and has a property portfolio worth an estimated $30 million, along with a $10,000 monthly allowance, a new Ferrari 458 Italia was still absolutely imperative. The 20-year-old hired three of his friends at $15,000 a piece and had them set his outdated car on fire. They took the car to Augsburg (Bavaria), Germany, where the son parked the car in an industrial parking lot and met one of the three accomplices at a local massage parlor. A few moments after the two other accomplices set the sportscar on fire, the Ferrari exploded into a rage of flames and smoke. Source: nextshark.com