[TXSTYLE]

Ooooops......

https://carbuzz.com/news/former-ferr...-going-to-jail

Maurizio Parlato pleads guilty to a kickback scheme.

Just because one is in a position of power and influence does not mean they're above the law. Just ask now-former Ferrari CEO Maurizio Parlato. US federal prosecutors announced late last week that Parlato has pleaded guilty to two charges involving a kickback scheme regarding limited-edition supercar allocations. He specifically pleaded guilty to one count of failing to report a foreign bank account or financial account and another count of filing a false tax return.

"Today, the IRS told Mr. Parlato 'not so fast' when he failed to report almost $2.8 million on his tax returns for the kickbacks he received to misallocate the distribution of several supercars," said Jonathan D. Larsen, Special Agent in Charge, New York Field Office. "Mr. Parlato tried to hide the income by moving the funds around the world. Offshore tax evasion is a top priority for IRS - Criminal Investigation and, as was shown today, we are wholeheartedly committed to bringing these offenders to justice."

More in link.

[strohw]

Better info here: https://www.justice.gov/usao-nj/pr/f...nection-scheme

[..Rush..]

Shame, Shame, Shame...

[Mach550]

Whenever I see something big like this the guy had to either piss off the wrong guy or opened up his services to new clientele that turned on him.

[Humdizzle]

not surprised.

- Ferrari dealers rolling back mileage ( https://jalopnik.com/ferrari-admits-...nge-1823368905 )

- Champion Porsche embezzling deposits . ( https://jalopnik.com/florida-porsche...-by-1829489953 )

[TXSTYLE]

Originally Posted by Humdizzle

not surprised.

- Ferrari dealers rolling back mileage ( https://jalopnik.com/ferrari-admits-...nge-1823368905 )

- Champion Porsche embezzling deposits . ( https://jalopnik.com/florida-porsche...-by-1829489953 )

Whoa!!!