The much-publicized 2009 crash of a Bugatti Veyron into a Texas lagoon has come down to an alleged case of insurance fraud, with a federal judge deciding that the complaint should go before a jury.
The watery demise of the valuable Veyron, recorded for posterity on an amateur video that has received nearly 2.6 million views on YouTube, is being challenged by the company that provided $2 million in collector-car insurance for the car, according to a report from Courthouse News Service.
Philadelphia Indemnity Insurance Company contends that the owner of the Bugatti, Andy House of Lufkin, Texas, intentionally drove the car into the Galveston salt-water lagoon to destroy it and get a big payoff from the insurance company.
The 2010 federal complaint names House and Lloyd Gillespie, who reputedly provided House with a $1 million interest-free loan to buy the Bugatti. There are allegations from Philadelphia Indemnity that House and Gillespie conspired to defraud the company to double Gillespie
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