Friday, January 30, 2015

EXOTIC AUTO DEALER SINKS A RARE CAR INTO THE WATER AND THEN FILES A FRAUDULENT INSURANCE CLAIM – HE WAS CAUGHT ON CAMERA



EXOTIC AUTO DEALER SINKS A RARE CAR INTO THE WATER AND THEN FILES A FRAUDULENT INSURANCE CLAIM – HE WAS CAUGHT ON CAMERA


Selling exotic sports cars was Andy House’s profession.  Sinking one for the insurance money was purely amateur hour, when he was caught in the act on camera. 

House drove a rare $1-million Bugatti Veyron into an East Texas lagoon and then filed an inflated $2.2-million insurance claim.

Only 300 Veyrons were ever produced. Geared to reach more than 250 mph, it is one of the world’s rarest street-legal sports cars. One month prior to his ‘accident,’ House bought the car with a loan from a friend, and then insured it for double the price as a collector’s car. 

Another motorist saw House driving the Bugatti down the road to the lagoon. Awed by the vehicle, he whipped out his cellphone in time to capture House calmly steering the car into the water. The video went viral on YouTube and became an online sensation.

House pleaded guilty to insurance fraud and faces up to 20 years in federal prison when sentenced.