Fiat heir faked his owned abduction to extort own family

FILE PHOTO - Fiat heir Lapo Elkann arrives at the 2010 Vanity Fair Oscar party in West Hollywood, California March 7, 2010. REUTERS/Danny Moloshok/File Photo
FILE PHOTO – Fiat heir Lapo Elkann arrives at the 2010 Vanity Fair Oscar party in West Hollywood, California March 7, 2010. REUTERS/Danny Moloshok/File Photo

BBC – An heir to the Fiat fortune stands accused of falsely claiming he had been kidnapped by a transgender prostitute.

Lapo Elkann called his family from New York to demand a $10,000 (£8,000) ransom “to guarantee his safety”, a US official told the Associated Press.

But having found him in Manhattan, investigators now believe he concocted the story after he ran out of money following a drink and drugs binge.

The grandson of Fiat’s Gianni Agnelli is now due in court in January.

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