Fiat heir ar­rested for fak­ing own kid­nap­ping

The Myanmar Times - - World -

ONE of the heirs to the Fiat au­to­mo­bile for­tune, Lapo Elkann, has been ar­rested in New York for al­legedly fak­ing his own kid­nap­ping, po­lice said, amid re­ports that he was try­ing to pay for a week­end of de­bauch­ery.

Ac­cord­ing to sev­eral US me­dia out­lets, Mr Elkann, the grand­son of leg­endary Fiat founder Gianni Agnelli, tried to make his fam­ily be­lieve he had been kid­napped when he ran out of money dur­ing a two-day ben­der of sex and drugs.

The 39-year-old Ital­ian playboy re­port­edly spent that time with a trans­gen­der pros­ti­tute, with whom he con­sumed a cock­tail of al­co­hol, mar­i­juana and co­caine be­fore run­ning low on funds, the re­ports said.

He re­port­edly came up with the plan to ask his fam­ily for US$10,000 in ran­som to pay for more drugs, US me­dia said.

The fam­ily alerted po­lice, who ar­rested Mr Elkann af­ter de­ter­min­ing his claims to be false.

Mr Elkann was or­dered to ap­pear in a New York court in Jan­uary for falsely re­port­ing an in­ci­dent be­fore be­ing re­leased, po­lice said, with­out con­firm­ing whether Mr Elkann was found with a pros­ti­tute or whether drugs were in­volved.

Mr Elkann’s brother John took over the helm of the Agnelli em­pire in May 2008 by be­com­ing the head of the com­pany that man­ages the fam­ily’s hold­ings.

The Agnelli fam­ily con­trols about a 30 per­cent stake in Fiat, and 44pc of the vot­ing rights. –

Photo: AFP

Lapo Elkann wanted money for a week­end of de­bauch­ery.

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