Fake Ferrari Ring Smashed By Cops
“They were selling dozens each month and making millions of euros a year. “It was a very well run Mafia operation.” Those arrested are being held on suspicion of fraud, conspiracy and receiving stolen goods. Carofiglio said one of the cars seized was a flaming red F360, which is no longer made. It was selling at 100,000 euros - half what it should cost. Dozens of false Ferraris have been seized in Italy over the last 25 years.
The biggest bust took place in 1985, when investigators found 50 perfect imitations of the 1962 Ferrari GS.