Psst...Wanna Buy a Ferrari, Cheap?

February 29, 2008
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How’d you like to get a brand-new Ferrari for as little as $30,000?

That’s what some dealers were charging in Italy, at least until the other day. Problem is: the dealers were really a ring of counterfeiters, and the Ferraris were fake.

So far, at least 14 phony Modena 360s have been confiscated, according to reports from Italy, including seven cars already sold and another seven under construction by a ring of automotive forgers operating all across the country. But authorities with the government’s financial police admit they have no idea how many fakes have already been sold, or where they might now be.

Guido Geremia, head of the unit that broke up the ring, said buyers had to know the cars weren’t real Ferraris. And, indeed, it wouldn’t have required much effort to figure that out, as the sleek body of a Modena 360 look-alike was most likely mounted atop Pontiac mechanicals, though sometimes the counterfeiters also used Mercedes-Benz or Toyota engines and chasses.

Ferrari F430 Scuderia On Sale in ‘08 by Henny Hemmes (11/19/2007) New berlinetta makes 20 more hp, more frienemies.

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