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News Topical, Digital Desk : Ferrari cars are quite expensive. Purchasing one from this company is quite difficult for the average person, while for an unemployed person who doesn't even own land or property, purchasing a Ferrari is quite a feat.
How did an unemployed person get a Ferrari?
A shocking incident has emerged from France, where traffic police stopped a bright red Ferrari Portofino driving at 250 km/h.
When French traffic police investigated the man driving the Ferrari, government records showed him to be homeless and unemployed. The man said he and his family relied on the French Family Allowance Fund.
Police took action
The young man claimed the Ferrari was his mother's car, but records revealed it was registered to a real estate company. The young man and his family lived a lavish lifestyle, but on paper, they declared themselves unemployed and bankrupt.
According to police, the young man and his family embezzled at least $2.1 million in social benefits, equivalent to approximately ₹19 crore in Indian currency.
After the arrest of this youth, the police conducted a series of raids at several places and later arrested the family.
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