VBUGKING Report post Posted October 2, 2012 Lol @ Pelicans and Mosquitoes. http://gma.yahoo.com/blogs/abc-blogs/texas...topstories.html Quote Share this post Link to post Share on other sites More sharing options...
Robster Craws Report post Posted October 2, 2012 He probably would have got away with it too,if it wasn't for those kids recording! Quote Share this post Link to post Share on other sites More sharing options...
Assman Report post Posted October 2, 2012 ^lol What I want to know is why the hell, as an underwriter, you write a policy for double the car's value? Quote Share this post Link to post Share on other sites More sharing options...
VBUGKING Report post Posted October 2, 2012 He probably would have got away with it too,if it wasn't for those kids recording! Quote Share this post Link to post Share on other sites More sharing options...
Robster Craws Report post Posted October 2, 2012 Quote Share this post Link to post Share on other sites More sharing options...
porter Report post Posted October 2, 2012 People are so goddamn greedy. I hope he gets convicted of insurance fraud. People like this are just total assholes that fcuk things up for the rest of us. Quote Share this post Link to post Share on other sites More sharing options...
Billetboosted Report post Posted October 2, 2012 What a dumb idea. Quote Share this post Link to post Share on other sites More sharing options...
abolfaz Report post Posted October 2, 2012 People are so goddamn greedy. I hope he gets convicted of insurance fraud. People like this are just total assholes that fcuk things up for the rest of us. Was he tried criminally? Quote Share this post Link to post Share on other sites More sharing options...
porter Report post Posted October 2, 2012 House owns Performance Auto Sales in Lufkin Texas http://www.facebook.com/pages/Performance-...157952374238040 and has expensive taste - plane, Ford GTs, big house, vacation home, Ferraris, buses, lots of toys. http://www.youtube.com/user/performanceandy There are only a few places that will insure a Veyron and Philadelphia Indemnity Insurance is one of them. They probably doubled the insured value because they tripled the premiums, and figured with a large deductible (I'm guessing at least $250,000 since my SLR was $50,000) House would likely not even risk a fender bender. Likely he was overextended and looked for quick payday, and never counted on the video. Justice would be getting convicted and having to keep the car. Quote Share this post Link to post Share on other sites More sharing options...
thecyrax Report post Posted October 2, 2012 House owns Performance Auto Sales in Lufkin Texas http://www.facebook.com/pages/Performance-...157952374238040 and has expensive taste - plane, Ford GTs, big house, vacation home, Ferraris, buses, lots of toys. http://www.youtube.com/user/performanceandy There are only a few places that will insure a Veyron and Philadelphia Indemnity Insurance is one of them. They probably doubled the insured value because they tripled the premiums, and figured with a large deductible (I'm guessing at least $250,000 since my SLR was $50,000) House would likely not even risk a fender bender. Likely he was overextended and looked for quick payday, and never counted on the video. Justice would be getting convicted and having to keep the car. Wow didn't realize the deductables were so huge on these hyper exotics. Don't even want to think about something that costs $10-20 mil Quote Share this post Link to post Share on other sites More sharing options...
ts640 Report post Posted October 3, 2012 Is this guy related to the kid with the wrecked yellow Enzo in Texas? Anyone remember him? Quote Share this post Link to post Share on other sites More sharing options...
abolfaz Report post Posted October 3, 2012 House owns Performance Auto Sales in Lufkin Texas http://www.facebook.com/pages/Performance-...157952374238040 and has expensive taste - plane, Ford GTs, big house, vacation home, Ferraris, buses, lots of toys. http://www.youtube.com/user/performanceandy There are only a few places that will insure a Veyron and Philadelphia Indemnity Insurance is one of them. They probably doubled the insured value because they tripled the premiums, and figured with a large deductible (I'm guessing at least $250,000 since my SLR was $50,000) House would likely not even risk a fender bender. Likely he was overextended and looked for quick payday, and never counted on the video. Justice would be getting convicted and having to keep the car. If I remember correctly the car was purchased using money from a line of credit from a house or some other property and the car was sold at a salvage auction. Quote Share this post Link to post Share on other sites More sharing options...
Assman Report post Posted October 3, 2012 If I remember correctly the car was purchased using money from a line of credit from a house or some other property and the car was sold at a salvage auction. You are correct according to this story about the salvage auction. It also seems this story is from Nov 2011, I wonder why yahoo ran it this year? http://www.motorauthority.com/news/1069986...insurance-fraud http://www.motorauthority.com/news/1057202...now-up-for-sale This indicates there was a loan from a Lloyd Gillespie for the car for $1mm http://wot.motortrend.com/insurance-compan...ake-140909.html Federal complaint 2010 http://www.courthousenews.com/2011/11/28/G...20Complaint.pdf Gillespie and Philadelphia each moved for summary judgment, but U.S. Magistrate Judge John Froeschner rejected both maneuvers in what he called "an admittedly abstentious opinion and order" last week. "In the humble opinion of this court, this case involves quizzical factual circumstances that compel credibility determinations which this court may not make at the summary judgment stage," Froeschner wrote Tuesday. "That function is for the jury that both Gillespie and Philadelphia have demanded." http://www.courthousenews.com/2011/11/28/41743.htm Quote Share this post Link to post Share on other sites More sharing options...
emanon Report post Posted December 20, 2015 1yr in Federal Prison for insurance fraud and $600k settlement payback. http://abc13.com/news/lufkin-man-sentenced...-fraud/1126535/ Quote Share this post Link to post Share on other sites More sharing options...
HannibalACP82 Report post Posted December 20, 2015 1yr in Federal Prison for insurance fraud and $600k settlement payback. http://abc13.com/news/lufkin-man-sentenced...-fraud/1126535/ The video still makes me laugh. I hope it makes him laugh for the next 365 days. Quote Share this post Link to post Share on other sites More sharing options...
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