Checked PM.
What's it for this time? Trouble is if they find him guilty they will just make the gaol sentence concurrent ie nuffin. So wrong.
Is it a car related matter or some other aspect of his recreational lifestyle ? Sent from my iPhone using Tapatalk
Almost an exact replica of what he did with the 250, except this time the owner didn't get the car back and is justifiably devastated.
Not funny, but a HEAVY cocaine user, that cracks me up, snort/snort, racing around the streets in a HiPo customers car while high, not good.... I would draw the line at burning it on whores and whisky [tm.TGBH], but anyway....
I suppose its theft but I wonder how the insurance company manage this. It also stands as a reason for keeping agreed insurance values inline with the market.
Luxury car mechanic sold his friend's 1970 Ferrari Daytona for $450,000 while he was restoring it - and didn't tell the owner for more than a YEAR Sandro Terzini, 48, pleaded guilty to stealing his best friend's luxury car in 2013 The two have known each other for 20 years before Terzini sold the vehicle According to the defence his marriage had broken down and he had large debts The car is believed to be in the UK after swapping hands more than four times By Matilda Rudd For Daily Mail Australia and Aap Published: 16:32 AEDT, 3 October 2017 | Updated: 18:33 AEDT, 3 October 2017 A luxury Melbourne car restorer has admitted to stealing his long-time friend's vintage Ferrari and selling it for almost half a million dollars. Sandro Terzini, 48, pleaded guilty on Tuesday to theft of the 1970 Ferrari Daytona Coupe in 2013 from his friend of 20 years. The County Court was told Terzini's mate asked the motor mechanic to securely store the luxury car at his business, Terzini Motore, which restored and traded sports cars. Image Unavailable, Please Login Sandro Terzini, 48, (pictured) pleaded guilty on Tuesday to theft of the 1970 Ferrari Daytona Coupe in 2013 from his friend of 20 years But while the owner was overseas, Terzini went behind his back and sold it for $450,000, without telling him. It was only 16 months later that the owner - who had still been paying insurance premiums for the vehicle - learned it had been sold. Crown prosecutor Jonathan Manning said the owner initially asked Terzini to store the car at his Brighton business - after buying it from the UK for £150,000 - as he had done with previous vehicles. Four years later, he asked Terzini to find potential buyers for it. Image Unavailable, Please Login The County Court was told Terzini's mate asked the motor mechanic to securely store the luxury car at his business, Terzini Motore (pictured), which restored and traded exotic cars But the owner had a change of heart and told Terzini he no longer wanted to sell the Italian marque, days before Terzini sold the vehicle for $450,000 without his consent, transferring $400,000 from his business to personal bank account. The car has changed hands a further four times and is now in the UK, the court was told. Mr Manning said the value of the theft and the deceit was significant. 'He obviously didn't tell the victim what had happened,' the prosecutor said. Image Unavailable, Please Login But while the owner was overseas, Terzini went behind his back and sold it for $450,000, without telling him (pictured a 1970 Ferrari Daytona coupe) Defence barrister Samuel Tovey said at the time of the theft, his client's life was spiralling downwards, with large debts, a marriage break up and heavy cocaine use. He argued it wasn't a crime motivated purely by greed and said it stood no chance of remaining undiscovered. But Judge Rachelle Lewitan countered: 'It's a gross breach of trust, isn't it?' According to an online forum on Ferrarichat.com, the business went into insolvency as of May 5, 2015, and Terzini has sold his six bedroom and 8 car garage-filled home in Red Hill since the incident. Terzini will be sentenced at a date to be fixed. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
How's the defence barrister saying that the excessive cocaine use should be taken into account to lessen the severity of the crime !!
The final nail? http://www.heraldsun.com.au/leader/outer-east/bentleigh-east-mechanic-jailed-for-selling-mates-rare-ferrari-daytona-and-pocketing-the-450000/news-story/3d5d89759925cd3f609f935653d33925
I would have thought because the car was involved in a proven crime it should be returned to its rightful owner?........How much jail time did he get in total?......
How long, not long enough for the out of pocket owner. As far as the car, an interesting one as if its out of the country who knows.
If the original sale involved a licenced dealer then what recourse does the owner whose car was stolen have for getting his money back ? Even if the owner got the sale price funds off the dealer, he would still end up out of pocket compared to where the price of the car is now compared to what it sold for several years ago Sent from my iPhone using FerrariChat.com mobile app
