Published On: Tue, Nov 29th, 2016

Fiat Heir Lapo Elkann Faked Own Kidnapping for a Lousy $10, 000

LapoElkannferrari

Lapo Elkann, heir to the Fiat fortune, was arrested in New York City for faking his own kidnapping. How much did he ask for ?– $10, 000.

That’s right! A lousy 10 grand. We can’t make this stuff up.

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A photo posted by Lapo Elkann Official (@lapoindependent) on

The 39 year old Lapo Elkann is the grandson of of Giovanni “Gianni” Agnelli, the founder of Italian automobile manufacturer Fiat, on his mother’s side. His father Alain Elkann is Jewish.

So what happened? Elkann flew into New York last Thursday and proceeded to order the services a a male prostitute. He and the 29 year old escort then spent the weekend partying and binging on cocaine, reports indicate. At a certain point he ran out of money.

So what is an overgrown aging man-boy trust fund millionaire to do when he needs more cash in a pinch, but can’t just ask mommy and daddy for it? Why he fakes his own kidnapping, of course.

According to the NY Daily News after the fake ransom demand was made, Elkann’s family contacted the NYPD. Officers the 13th Precinct went to the ransom drop off point where they found Lapo Elkann and the male escort. The two were taken into custody and charged with making a false report of a criminal incident and issued a desk appearance ticket.

This is not the first time that Lapo Elkann was caught with his pants down. In 2005 he overdosed on cocaine while also partying with a male prostitute.

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