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Seth Rotherham
  • Jerry Seinfeld Bought And Sold This Fake Porsche – Now He’s Being Sued

    27 Feb 2019 by Carrie in Cars, Celebrities, Entertainment, law, legal, Lifestyle
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    Back in 2016, comedian Jerry Seinfeld sold around $22,2 million worth of his cars at an auction.

    Amongst the cars on sale was a 1958 Porsche 356 Speedster. The Porsche was sold and that was the end of it – or at least that’s what he thought.

    Now it’s back in his life in the form of a lawsuit alleging it could be a fake, reports Jalopnik.

    In response, Seinfeld is suing the original dealership that sold him the Porsche for the same reason.

    Seinfeld filed a lawsuit in the U.S. District Court in the Southern District of New York on Monday against California company European Collectibles, over the dispute he’s now in about the authenticity of the Porsche. It came as a third-party complaint attached to the existing dispute Seinfeld’s in, in an effort, according to the suit, to “correct the record and hold European Collectibles accountable.”

    Seinfeld bought the car for $1.2 million in 2013, the lawsuit said, along with a certificate of authenticity from the company. He sold it to Fica Frio Limited for more than $1.5 million in 2016, and that company sued Seinfeld on Feb. 1 in an effort to get back the cash it spent on the car and “all costs it has incurred.”

    Seinfeld’s defence pointed out that he’s a very successful comedian who doesn’t need to supplement his income by selling fake cars.

    To add to the case, this isn’t the first time that European Collectibles have sold a car that’s proved to be inauthentic.

    Further discovery in this action will reveal the extent to which European Collectibles deploys fraudulent practices in connection with its restoration and sale of classic cars.

    I get the feeling European Collectibles aren’t going to come out of this looking great.

    [source:jalopnik]

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