Rich kid has his Ferrari torched so he can have a new one

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08-13-15, 09:10 AM

#16

RocketGuy3

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Quote:

Originally Posted by chikoo

That is because insurance industry is run by the rich up in NE / CT. They made sure nobody can rip them off.

Yep, some insurance lobbyists likely convinced some congressmen to treat insurance fraud like armed robbery.

Quote:

Originally Posted by tex2670

If he stole $250,000, you wouldn't say that. But that's exactly what he tried to do--steal $250,000 by means of a fraud on the insurance company. If you steal $250,000, or attempt to do it, you should get jail time.

Like I said, I do not believe stealing $250K from an individual is the same as stealing $250K via insurance fraud, for a variety of reasons. Both are crimes, sure, but not equally harmful... Generally speaking, but it depends on the circumstances.

Quote:

Originally Posted by My0gr81

A crime is a crime is a crime.

I don't understand this statement. Are you saying every crime should be punished equally...?

... But again, I have no issues with the severity of the punishment in this case. If anything, as I said, I think the punishment was too soft for the reasons I mentioned above. mmarshall's post just set me on a rant, heh. But he's probably right that the kid's rich daddy bailed him out. I do think the Veyron case is an example of a horribly disproportionate punishment, though.

I will concede, though, that saying insurance fraud never deserves any prison time was probably not a fair statement.

Last edited by RocketGuy3; 08-13-15 at 09:14 AM.

08-13-15, 09:16 AM

#17

rkyat

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But it's a Ferrari, it would've spontaneously combusted by itself anyway.

08-13-15, 09:33 AM

#18

Vladi

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Quote:

Originally Posted by My0gr81

Insurance companies are in the business of managing risk and managing their liabilities by only paying out legitimate claims. If a claim is in dispute, they have review mechanisms in place and ultimately, the customer or the insurance company can resort to tort laws and the courts. Nothing criminal or fraudulent about that. If a pattern of abuse or misapplication of the terms of the policies can be established, then anti-trust laws, or a complaint to your state's attorney general's office is warranted for investigation or establishing that pattern.

This case is clearly not a case where the insurance company denied the claim. A police investigation on the theft and arson found evidence of an attempt at fraud, charges were laid, conviction and sentencing followed a proper criminal trial.

Call it what you want but I bet you 9 out of 10 people settle for what insurance offers them or tell them as a reason why they will cannot be covered for the incident. That's a math right there. I only stopped having disputes once I found out that buddy of mine is their executive for the region where I have my flood insurance coverage. Since then they have been properly calculating my losses.

08-13-15, 10:21 AM

#19

cino

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With all the videos of Ferraris caught in flame he saw on YouTube, he probably thought it was a good idea. I think good parenting is really important here.

08-13-15, 12:20 PM

#20

2URGSE

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If I was his father, I'd punish him and buy him a SMART car.

08-13-15, 02:51 PM

#21

mmarshall

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Quote:

Originally Posted by 2URGSE

If I was his father, I'd punish him and buy him a SMART car.

.............so he can torch that, too?

Last edited by mmarshall; 08-13-15 at 03:36 PM.

08-14-15, 04:45 AM

#22

geko29

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Quote:

Originally Posted by 2URGSE

If I was his father, I'd punish him and buy him a SMART car.

He'd just drive one of the other 14 cars instead.

08-14-15, 05:07 AM

#23

4TehNguyen

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Quote:

Originally Posted by geko29

Correction: this is the literal definition of stealing from individuals indirectly.

oops yea thats what i meant. Same thing with shoplifting, shoplifters steal indirectly from other customers in the form of higher prices

08-14-15, 12:00 PM

#24

GS3Tek

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Quote:

Originally Posted by rkyat

But it's a Ferrari, it would've spontaneously combusted by itself anyway.

yep, he could've just waited and no one would even question

damn kids nowadays and their instant gratification

08-14-15, 02:31 PM

#25

mmarshall

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Quote:

Originally Posted by rkyat

But it's a Ferrari, it would've spontaneously combusted by itself anyway.

LOL......hadn't considered that.

08-16-15, 04:06 PM

#26

JessePS

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Cheap *** millionaire. Just take a hit from selling the car and get a newer one.

08-16-15, 04:59 PM

#27

pman6

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I despise rich people who steal.

If he spent his own money to buy another ferrari, I wouldn't care.

08-16-15, 04:59 PM

#28

natman

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Quote:

Originally Posted by RocketGuy3

Completely idiotic that it can result in prison time. One of the many, many laws wasting taxpayer dollars and ruining lives by putting people in prison who don't need to be.

Seriously? Trying to steal $250,000 AND arson aren't enough for you? A year in jail would do this clown good.