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$290k Speeding ticket!

Old Jan 7, 2010 | 01:03 PM
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$290k Speeding ticket!

http://news.bbc.co.uk/2/hi/europe/8446545.stm


The tycoon was reportedly driving a Ferrari 57km/h (35mph) over the limit

A Swiss millionaire has been handed down a record speeding fine of $290,000 (£180,000) by a court.
The man was reportedly caught driving a red Ferrari Testarossa at 137km/h (85mph) through a village.
The penalty was calculated based on the unnamed motorist's wealth - assessed by the court as $22.7m (£14.1m) - and because he was a repeat offender.
It is more than double Switzerland's previous record speeding fine - handed to a Porsche driver in Zurich in 2008.
In the latest case, the motorist was clocked speeding 57km/h (35mph) faster than the limit, according to the cantonal court in St Gallen, eastern Switzerland.
"The accused ignored elementary traffic rules with a powerful vehicle out of a pure desire for speed," the court said in its judgement.
Swiss media reported that the man owns a villa with five luxury cars, including the Ferrari.
 
Old Jan 7, 2010 | 05:02 PM
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......and i thought $290.00 was high! almost the cost of the Ferrari
 
Old Jan 7, 2010 | 08:14 PM
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Originally Posted by 997tt RS 2.7
......and i thought $290.00 was high! almost the cost of the Ferrari
the cost is way more than a Testarossa 3 times at least
 
Old Jan 8, 2010 | 07:20 AM
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Don't let Obama read this.
 
Old Jan 8, 2010 | 07:28 AM
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Originally Posted by ISIS
http://news.bbc.co.uk/2/hi/europe/8446545.stm


The tycoon was reportedly driving a Ferrari 57km/h (35mph) over the limit

A Swiss millionaire has been handed down a record speeding fine of $290,000 (£180,000) by a court.
The man was reportedly caught driving a red Ferrari Testarossa at 137km/h (85mph) through a village.
The penalty was calculated based on the unnamed motorist's wealth - assessed by the court as $22.7m (£14.1m) - and because he was a repeat offender.
It is more than double Switzerland's previous record speeding fine - handed to a Porsche driver in Zurich in 2008.
In the latest case, the motorist was clocked speeding 57km/h (35mph) faster than the limit, according to the cantonal court in St Gallen, eastern Switzerland.
"The accused ignored elementary traffic rules with a powerful vehicle out of a pure desire for speed," the court said in its judgement.
Swiss media reported that the man owns a villa with five luxury cars, including the Ferrari.
If I did the math right, that's about 12% of his wealth.

Socialism at its finest, Obama would indeed be proud!

The guy was/is wealthy, therefore he is obviously not deserving of it and certainly of poor moral character!..........
 
Old Jan 8, 2010 | 07:32 AM
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Too bad... It is only a matter of time for us with Obama in office
 
Old Jan 8, 2010 | 07:44 AM
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Originally Posted by 1fast1
Too bad... It is only a matter of time for us with Obama in office
Let's hope that nightmare ends in 2012, after him being effectively neutered (politically speaking) in 2010


Fire them all.
 
Old Jan 8, 2010 | 10:01 AM
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I like all of these comments...

Obama raises taxes on the wealthy and small business, I could really see him wanting to change the courts in the way fines are handed out.

Dems will never create wealth, only diminish it and redistribute!
 
Old Jan 8, 2010 | 10:39 AM
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Originally Posted by mtcraigco
If I did the math right, that's about 12% of his wealth.

Socialism at its finest, Obama would indeed be proud!

The guy was/is wealthy, therefore he is obviously not deserving of it and certainly of poor moral character!..........
You didn't... its close to 1.2%, but not to worry!
 
Old Jan 8, 2010 | 10:43 AM
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Originally Posted by GTA_6speed
You didn't... its close to 1.2%, but not to worry!

oops, color me embarrassed about that

It's still a good example of the guy being punished because he is rich vs being punished according to the offense.
 
Old Jan 8, 2010 | 11:28 AM
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Germany has the same system. Penalties are handed out based on your ability to pay.
 
Old Jan 8, 2010 | 11:48 AM
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Originally Posted by thnxbabe
Germany has the same system. Penalties are handed out based on your ability to pay.
ability or desire ????

I couldn't imagine our court system if people had to defend their net values. Your court dates would be 6 years out. 290k ticket would cost 100k in expenses to defend.
 
Old Jan 8, 2010 | 11:48 AM
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Originally Posted by mtcraigco
If I did the math right, that's about 12% of his wealth.

Socialism at its finest, Obama would indeed be proud!

The guy was/is wealthy, therefore he is obviously not deserving of it and certainly of poor moral character!..........
Since when is 290k 12% of 23M??

And indeed, FCK Obama
 
Old Jan 8, 2010 | 11:58 AM
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Originally Posted by AceRothstein415
Since when is 290k 12% of 23M??

And indeed, FCK Obama
Since I missed a decimal point!
That's what I have an accountant for though

Anyhooo, that's jacked up, any time, any place, any day.
 
Old Jan 8, 2010 | 01:48 PM
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Fact was he knew the laws, he was a repeat offender, he was going 35mph over IN TOWN, and he got caught. There are lots of laws that seem extreme, but they are well known and are VERY easy to avoid. Gotta pay to play kids.
 

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