Two Rich Guys Arguing Over Stolen $2 Million Ferrari
A hold was immediately placed on the car while the CPB reached out to Ferrari and the National Insurance Crime Bureau. Their suspicions were soon confirmed.
Paolo Provenzi bought the F50 with his father and brother and have no idea how it ended up in Canada. Its new owner, Mohammed Alsaloussi, who finalized the $1.435 million purchased in March 2019, also claims to know nothing about the situation. Although both men don’t appear to be involved with the theft, they’re each claiming rightful ownership. Lawyers are involved and the US Attorney’s Office for the Western District of New York filed a civil action last week seeking to determine the car’s ownership.
“When this is over, there’s going to be a movie made about this,” Provenzi’s attorney said. “This car has been going around the world, apparently. It was in Japan for a while.”
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