Thursday Jan 16, 2020
San Antonio Ferrari totalled a client Ferrari.
Rather than admit the wreck, the dealer who had the car on sonsignment, attempted to get the owner to take a below market price.
Apparently the dealership hoped to close the deal and then collect dealer insurance. But the owners saw the 'buyer' was the dealer.
A lawsuit is underway.
As I say, I never run out of new material for our fraud chapters in audit and ethics class..
Professor Elam 
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