Thursday, August 30, 2012

Samsung Chairman driving a stolen Ferrari?

According to a shocking new report by Travis Okulski, Editor Jalopnik, Chairman of Korea's Samsung Electronics, Kun Hee Lee may be driving a very rare but stolen Ferrari. Lee is worth $10.8 billion and is owner to some of the rarest Ferrari cars in the world, such as limited edition 330 LMB of which only 4 were ever built and each valued at $15 million today. According to the report, this prized possession may be stolen and the owner has now staked a claim to his stolen property.

It was in 1974 that Ivars Blumenau purchased the 330 LMB Ferrari from Donald Fong, a Ferrari dealer. For reasons best known to its new buyer, Blumenau stored the Ferrari in Donald Fong's store itself. This 330 LMB was stolen three years later and it was rumored that Fong himself had something to do with its mysterious disappearance.

Now finally in hands of Hee Lee, Ferrari 330 LMB's ownership is questionable. Fong has been in and out of Prison, Blumenau was banned from working with New York Stock Exchange while Lee has also been sentenced for bribery during his career. The case of the stolen Ferrari is under consideration with both FBI and Interpol. Who is the rightful owner will be decided in due course, but with Blumenau holding the current title to this rare and priceless Ferrari it is a possibility that he will finally get possession of this much stolen property.

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