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Driving a Veyron into a Lake


VBUGKING
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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.

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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?

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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.

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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 :lol2:

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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.

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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

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