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Nicholas Carey
12-01-2011, 04:10 PM
Remember a couple of years back, when somebody driving down I-45 videoed the doofus with the $1.2m Bugatti Veyron dumping it into the saltwater estuary outside Galveston?

http://www.youtube.com/watch?v=4NJmB1F2mdE

http://www.youtube.com/watch?v=4NJmB1F2mdE

Well
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Apparently, it was all an insurance scam. According to the Houston Chronicle (http://www.chron.com/news/houston-texas/article/Insurer-calls-crash-of-1-2-million-car-fraud-2332020.php):

GALVESTON - Lufkin auto dealer Andy House had no idea a video camera was running as his $1.2 million Bugatti Veyron EB plunged into a La Marque lagoon two years ago.

House told police that a seagull made him veer off the Interstate 45 feeder road and into 3 feet of salt water.

The video taken by a passing motorist, which was posted on Youtube, and information from a confidential informant led Philadelphia Indemnity Insurance Co. to accuse House in a federal lawsuit of intentionally driving his car into the lagoon in order to collect the $2.2 million insurance on the car. It had a 1,001 horsepower engine capable of propelling it to 253 mph.
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The insurance company says the video shows no seagull and no attempt to brake as the Bugatti swerves off the road and into the water. The lawsuit also says that House allowed the engine to run for 15 minutes after the car entered the water, causing further damage to the engine.

House explained the delay in shutting off the engine by saying he was being bitten by mosquitoes, the lawsuit says.

A confidential informant told insurance investigators that House offered to pay the informant to steal the car and burn it so that House could collect the insurance money, the lawsuit says. House also offered to pay the informant to remain silent during the insurance investigation, the lawsuit says.

The informant told investigators that House's business associate, Lloyd Gillespie, conspired with House. Gillespie, also a defendant in the lawsuit, lent House the money to buy the Bugatti and was listed on the policy as the payee, the lawsuit says.

Bobcat
12-01-2011, 04:12 PM
Let's see if the jury agrees with the insurance company. Clearly the owner of the Veyron had no idea that someone was videotaping him from a parallel roadway

Paul Pless
12-01-2011, 05:22 PM
I remember when the McClaren F1 first arrived, a new owner spun one off the road doing about $50,000 worth of carbon fibre damage. When McClaren returned the rebuilt car to the owner, they threw in professional driving lessons on the house.

Paul Pless
12-01-2011, 05:27 PM
House explained the delay in shutting off the engine by saying he was being bitten by mosquitoes, the lawsuit says.Ridiculous.

skuthorp
12-01-2011, 05:35 PM
So as well as not getting a payout they'll be done for attempted fraud?

rbgarr
12-01-2011, 05:52 PM
"But yer honner, the skeeters were biting my EYEBALLS!! I couldn't SEE, see!?!"

Bobcat
12-01-2011, 05:57 PM
So as well as not getting a payout they'll be done for attempted fraud?

This seems to be a civil suit only. If the jury determines that this was a fraud, I suspect there will be charges filed.

Jim Mahan
12-01-2011, 07:19 PM
How do you insure a 1.2 million dollar car for 2.2 million dollars?

Gerarddm
12-01-2011, 08:09 PM
By the same sort of appraisers who said a $150K house was really worth $200K a few years back...