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4 arrested over Ferrari crash fraud

The Yomiuri ShimbunFour men were arrested on Thursday on suspicion of defrauding an insurance company of money by pretending to have a car accident on a public road, even though the accident had actually occurred on a racecourse.

The Yamagata prefectural police’s Sagae Station arrested the 55-year-old president of a car dealership and repair company in Sagae, Yamagata Prefecture, a 50-year-old employee of the same company, a 55-year-old cook from Sendai, and a 47-year-old dentist from Koriyama, Fukushima Prefecture.

According to the police, the dentist’s Ferrari had crashed at a racecourse in the Tokai region in December 2015. But the four men conspired to falsely declare that it had an accident with the cook’s van in Miyagi Prefecture, far from the racecourse, fraudulently obtaining about ¥3.2 million in insurance benefits on the pretext of needing the vehicles repaired.

The police believe the president of the Sagae company told the other men what to do, and they are investigating the involvement of other employees, as well as other crimes the four may have committed.Speech

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