This Ferrari crash revealed a BILLION DOLLAR SCAM!
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- Опубликовано: 7 июн 2023
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Carbon McCoy shares the story of the legendary Ferrari Enzo crash that uncovered the Stephan Erikssen Gizmondo scam. Where's Dietrich?
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#VINwiki #FerrariEnzo #Gizmondo 
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Of the 399 Enzos produced, only 415 survive today☺
😂
Exactly 😂😂
@@Jack-xp8yrwith Viet Nam copy in wood ??
More likely 523😄😄😄
Wow people must take great care of them.
"who would buy an Enzo with its tub cracked in half"
Tavarish: *furiously clicking 'buy it now' on the copart auction*
Leave it at the bottom of the sea for a few weeks to make it even more desirable
I read this right as he said it
This guy is like some mystical Ferrari wizard that possess forbidden and arcane knowledge. He just appeared out of nowhere one day to sit and tell us wonderous stories that Ferrari doesn't want us to hear!
These stories aren’t new, they were know and just forgotten through time.
He’s too young to have know about them then, and perhaps you too, so they seem new.
@@briankearn6991 Carbon McCoy was a ‘hardcore’ regular on Ferrarichat 15-20 years ago, and got banned from the forum when he ‘misappropriated’ data for his Ferrari database….
When the interview finished he disappeared in a red mist.
That would explain his claim of 124 more cars produced than the factory or even Cavallino claim.
It’d be a great way to hide a stolen car in plain sight with a VIN listed in his database.
@@briankearn6991 Carbon McCoy might mean well, but his claims are unfounded and his information sources are pretty sketchy. It's a nice story, but...I wouldn't put much stock in it.
Still waiting for the discussion of the billion dollar scam...
The scam part is that he exported the Ferraris from sweden to the US
I think the scam is there are $1 Billion more Enzos than what is claimed by Ferrari ti increase their value.
@@Mylifeintechnicolor Unless Enzos are $500,000,000 each, that does not amount to a billion dollar scam.
@@robertc.9503 Pretty much that there are way more of those cars then they said they produced.
Scam was he made people invest in Gizmondo and took all money himself.
Funfact: Stefan Eriksson raced on the 24h of Le Mans in 2005 with the #92 Ferrari 360 Modena GTC with Gizmondo sponsored livery. Ended up retiring after 218 laps.
Funfact - Stefan was associated with Gizmondo and used the company to wash his money
@@juanesteban8827 What he did was imply that the Gizmondo was made by Sony-Ericsson using the similarity of his name to fool the gullible into thinking that he was part of the Ericsson family and this thing was a replacement for the PSP
I have a video up on YT of this car at the race, looking down over pit lane. It's not the most exciting, but at the time I was just trying to film anything I could. It should come up in a search.
ruclips.net/video/VEjPkFNRbSI/видео.html
218 likes 218 laps
cool
I can't decide which is the bigger disaster, the wrecked Enzo or the aftermarket wheels on the Enzo
They look horrible, leave it stock. They are perfect!
Ferrari stories of the 2000s are something else!
Not to mention the unicorn one offs made for the royalies of the world (..... Sultan of Brunei, Some in Arabian region etc)
If you mean fish stories, you're right.
Or the 'press' 458 with treaded, Pirelli Corsa tyres and a blueprinted engine ;)
Even the 2023 story of his claim of 124 more Enzos produced than the factory claims!
I smell a scam you can use for a good number of stories in a few years.
Mind the targa Enzo too
I lived near the crash site back then, and have done a lot of work for Ferrari. He is just scratching the surface of life in Ferrari world. Enjoyable video!
Italians are very very very sketchy people though.
We should adopt their women. Save them.
so where is the "billion Dollar Scam"?
They’re building fake cars. I guess?
Did you watch the video?
The ratio of videos you guys put out to how often my mind is blown is too high. These are things you only used to hear of through whispers in corners...
This story was talked about for months on car forums back then when facebook and youtube didnt exist.
@Tyler Niday Video game forums too.
the whole gizmondo circus is a story of its own! it goes quite deep.
Ferrari owners clubs:
Owner 1: I have Enzo #113 out of 300
Owner 2: That's impossible I have #113 out of 300
Ferrari: You shall never speak of this if you wish to purchase a La Ferrari.
Owners: Speak of what?
mf went airborne 50ft in the air and hit a telephone pole 30ft tall. thats impressive
Total speculation not true
“Who would buy a crashed Ferrari Enzo?!, especially one split in half.” Enter Freddy Tavarish…”hold my beer” 😂
This happened during the golden age of internet car forums - and this incident spawned thousands of discussion threads and reposts. Amidst the endless wild speculation and snippy flame wars, there were real nuggets to be gleaned about Swedish organized crime and the American legal loopholes they had been exploiting to bring in their cars, guns, and pharmacopeia. Crazy times.
I worked for the company that Stephan was "loosely" associated with and you don't know HALF the actual story. There is MUCH more to this than the re-VINd Ferrari. LOTS.
He also created his own transit authority to issue California concealed weapons permits to himself and his buddies. Yes much more to his story 👍
We were at Willow Springs when Stefan was on the track with us, didn’t know much about him back then
Go on
We're waiting.....
tell us more
The tub stayed in one piece; it was the cradle structure for the engine that parted company. But you don't do that to a tub and have it emerge unbent. Starting again would be very sensible. It's a shame Ferrari stopped publishing production numbers in the early '2000s.
I remember reading about this on the VWVortex forums back when it happened. If I remember right one of the forum members that lived nearby drove to the crash scene and found the oil cap. He ended up making it fit on his VW. Might have been a MK3. I could be a little off though, it's been a looooong loooong time since those days
I am a retired cop. I once responded to a single car traffic collision in which a car had been speeding down the road, hit a bump, and gone airborne before colliding with a telephone pole. The telephone pole was about one hundred feet from the bump in the road. The point of impact was roughly six feet above the sidewalk. The driver survived the collision. The three passengers in the car did not. A section of femur roughly two inches long had been knocked out of one of the passenger’s legs and was lying in the roadway. I don’t remember the specific make and model of the car but it was nothing special. The car did not split in half although it was totaled.
Speed does not kill. It is the sudden stop at the end of high speed collisions that kills. Nobody ever thinks it will happen to them.
Ah yes, this was a wild story. One aspect that got revealed was Erikson allegedly had firearms thru a fictional Transit Security Agency authorized by Homeland Security.
Haha, this guy is a criminal James Bond 😂
I remember reading about this crash in a video game magazine in the early 2000's in relation to the Gizmondo - Wild to hear it again with more insight on the Ferraris themselves!
CLICKBAIT: where is the story?
This story is a nice tribute to Stephan Eriksson's Wikipedia page. Respect to Carbon McCoy for his Ferrari due diligence!
He left out that Ericsson’s friend owned an old folks transport company and thus by California law is treated like a RR. Important point RR can have their own police. The “police” that picked him up refused to provide ID and hauled him away. The fact they used the same VIN on a separate chassis speaks to VIN fraud beyond the normal vin fraud. Also the original story in La Times stated at least this car or the Mclaren SLR he was racing had been reported stolen from England and insurance paid out.
RR?
@@somethingsock6707 rail road...
@@somethingsock6707 rail road.
I remember reading about this when it happened, I believe Road & Track did a piece on it. He not only had 2 Enzo’s but I think an SLR was also brought over as well. Dude was a sorry excuse for a gangster. Fraudster is a more fitting term.
Yeah I also remember reading about it somewhere. It was a top gear magazine I think, but pretty wild to hear the story years later on here.
Well he has a well documented history of violence while collecting money etc
This story also ties into a shady doctor that was conducting insurance scams. Which is also tied to a kidnapping/murder. There was a scuderia also involved. 2006-2009 was a wild time to live in Ventura county
Explain
Yeah what the hell are you talking about I want more info
I’m local to this area my entire life
Look up Dr. Munir Uwaydah and the murder of Juliana Redding. That doctor had some business dealings with Stefan. Basically this doctor was running a $150mil insurance scam operation and a young lady was going to tell the police and blow the whole thing up so he hired someone to k her. Doctor fled the country leaving behind his cars one being a scud. Someone got ahold of it and wrecked it
You finally brought this story up!! Thank you Ed!!
I remembered when that happened! That stretch of PCH was my home track for a long time!
“Who would buy a wrecked Enzo?” …Tavarish - “Eh hem”
Correct me if I’m wrong - wasn’t the Enzo designed to split in half to detach the engine from the driver’s compartment in the event of a high velocity crash incase of fire?
It is now.
in case of fire
IN CASE / IN THE EVENT OF
undertake an extensive reading program to better educate yourself
and improve your poor knowledge of the English language
@@andrew_koala2974 You have to capitalize the 'u' when starting a sentence and you don't have a period at the end of your sentence. You sound like such a douche...you grammar police. It's not what you say, it's how you say it.
Yes, Bugatti Veyron also is designed like this they use adhesive and titanium screws to hold it together
@@andrew_koala2974 hopefully you feel better about yourself for this comment 😉
All modern mid engine cars are designed to a certain extent to split in half like this. Weirdly enough it disapates a shit ton of energy. The monocoque only extends to the start of the engine, the rest of the car is spaceframe.
Ain't no way that thing got enough air to hit anywhere close to the top of the pole. It clearly hit where the pole is snapped... at the bottom.
Ive got a few pieces of the crashed Enzo. I went to the site and found some in the hillside. One part has a label with a barcode and "Ferarri S.P.A." on it.
Are you the dude from VWVortex on the car lounge?
wow
Ferrari: "That'll buff out."
LA Times article quoted LA County Sheriff Malibu station as Ferrari Enzo was traveling 162 mph when it crashed on Pacific Coast Highway (PCH).
PS - This stretch of PCH is two lanes plus shoulders in each direction and a center turn lane. Not as challenging as other parts of the highway but not a track.
For Ferrari to inflate production numbers of a limited product, which is critical to value overall, I'm surprised no one has tried to sue them? The only people I could see holding on to Ferrari's claims, are Enzo owners that don't want to depreciate their assets.
well that wont work tho will it? since they arnt depeciating even tho there are more made. its the magic of the stalion. also it would be pretty fking stupid to sue Ferrari and get blacklisted. u wanna be in the little black book, not the blacklist :)
The problem is cars are never meant to be appreciating assets. Some do appreciate and it's usually cars like this, but it's never promised by the factory. So there would be no case since Ferrari could just say "you bought the car, there's no guaranteed value in buying that", and the case would be over.
It's not like say, the PS3 when Sony told buyers that being able to run Linux was a feature of the product you're buying and then later took it away via updates. That can and I believe was sued over. But someone just saying "oh we're only making 349 of these", then making more isn't able to be sued over. There's no quantifiable loss either, you can't put a number on what the car would be worth if there were less of them etc.
It's shitty business practice for sure, and I genuinely don't understand how people still buy into Ferrari over this nonsense, but it's not illegal unfortunately.
You can't prove damages.
@@Yesthatsmyfirstname "BROOKLYN, NY - Yesterday, in federal court in Brooklyn, Shmuel Gali was sentenced by United States District Judge Kiyo A. Matsumoto to 60 months’ imprisonment for his role in a long-running odometer tampering and money laundering scheme, and ordered to pay $3,936,000 in restitution. The defendant pleaded guilty in August 2020 to conspiracy to commit money laundering, conspiracy to commit odometer tampering, making false odometer statements and securities fraud."
A Brooklyn USED car dealer.. selling Junk for super low prices.. 60 months. How much you think a multimillion dollar car scam would net?
@@Yesthatsmyfirstname Under federal law, removing a VIN number is a felony offense. A conviction can carry up to: 5 years in jail, and. $250,000 in fines... Per Charge.
At 7:17 , on the "glove box", there is a signature and a phrase writed by Jean Todt which says "For Christophe, a loyal ambassador of the Scruderia"
I remember this accident, and the whole, comical "Where's Dietrich?" media follow up afterwards that lasted about 10 minutes! 😄
That passenger was a scammer Stephan Erickson. He hired a group including me, and paid almost no one. Unfortunately, my friend a mother of 5 was stiffed for 3 months' pay. I left after a few days, What a crook. He had the business on Sunsent I a very impressive office, and I am sure never paid the rent.
Tjock-Steffe 😂
Everyone is saying it's amazing how many of these crazy stories exist. And I fully agree, but what amazes me is that there's pictures for all of these
I remember that news story in 2006 when I was a kid in high school! I was amazed that Ferrari build quality allowed that dude to just walk away unharmed! That car was obliterated on PCH!!!
I moved near that crash site a few years later and got to talking to my car buddy neighbor one day and he told me about his experience… “I was up early with my dog and heard a Ferrari ON IT. A minute later the power went out and I didn’t figure out what happened until the new next day…”
Wait, how is this a billion dollar scam? The word billion doesn't even appear in the video. Did I get clickbaited?
Do the math
These videos are coming thick and fast keep up the good work Ed❤️
It's nice to see that Ferrari cared enough for this car to rebuild it.
If you watch the video you will see that they just did a number swap never rebuilt anything. And the commenter says that the car was not fixable the tub was literally split in half, that is not true from what I can see. Maybe an Enzo expert can help me out here but is the rear structure of an Enzo that cradles the engine not made from tube frame and bolt onto the monocoque? From what I can see the structure was just torn from the monocoque which should be fixable.
It's more to do with the outrageous repair expenses they quote for the damaged halo cars. There was a similar story with a crashed F40/F40 LM. It cost almost the sticker value to get them fixed n back on the road. It was a UK/Europe delivered car from what I remember. Pagani do the same too. You can practically wreck your Zonda how many ever times u want cos they'd rebuild it to the factory specs again for u or build it as a complete one off based on how deep your pockets r. There's an famous (infamous) Zonda that's been involved in 2 major crashes till date by the same owner n the damage to the tub was extensive. Any other manufacturer would've totaled the car. The car was rebuilt the first time at somewhere around 2-3 million USD n then the second time for 4-5 million n was upgraded to the 760/LM spec. This was a Hong Kong/Chinese delivered car.
@@jasonb9629 I think so too. I remember the Jalopnik article from the period. The car split in 2 but the tub was intact. They also mentioned that it was designed to spilt into 2 in the case of a gnarly crash so that if the engine bursts into flames (which Ferraris of the period often did), the passenger compartment would be safe from the ensuing blaze.
Ferrari wanted the money for the “repair bill”, nothing more. Keep in mind, the Enzo was around $660k new. The car is worth over $2MIL now. Massive appreciation and equity in the car now - the car is worth MORE than the sum of its parts. Therefore, you could burn the entire car to the ground, salvage the VIN plate, and Ferrari can ‘rebuild’ the rest for LESS than the car is worth. So no matter what happens to a Ferrari Enzo, it will be worth restoring. Many cars enjoy this financial position - Ferrari supercars, Lambo Muiras, Porsche 550s, McLaren F1, etc.
So this is like....kitt the nightrider haha sure he make little bit air hahaha🤩
I remember this crash. All the old school RUclips videos of him going up and down Rodeo drive. Legendary car!
Yay, new scam story 😂
They should put the front half of that Ferrari in a museum and call it the Ferrari space program prototype
This is Very interesting. The Ferrari world is a little different than other car makers. I remember hearing about this crash not long after it happened. Thank you.
For anyone wondering, this car currently resides in Dubai.
A 1 minute story dragged out to nearly 9 minutes.🤨
Right? I'm about over the channel if they don't start bringing real stories to the table
There is a guy in Utah who had an Enzo and wrecked at 200mph during a highway patrol sponsored event. The guy miraculously lived, and the car was rebuilt piece by piece. I think his son drives it around now and I've seen it hauling ass down i-15 a couple of times. First time I saw it my mind was blown that I was seeing an Enzo at all, let alone on freeway near my house. Car had a 7007 decal on it last time I saw it, which was how I was able to find out about it's history. Allegedly it was the highest milage Enzo even prior to it being crashed. Would love to hear more about that specific Enzo if anyone knows about it.
There was an owner written article I read in a magazine (Car and Driver or Road and Track, Forza? I’m not sure) about the car and the crash.
It detailed the modifications made to new doors to make the car a targa type roof. He also described the crash and what he went through in recovery and the car would be rebuilt.
It was a great read.
I’ll try to find it when I got more time.
@@briankearn6991 commenting to get a link for the article, thanks!
@@briankearn6991 Found the article yet Brian?
@@rds6962
No, but there are videos of the car on RUclips.
Dick Losee owned the Enzo. Lived but had a few years of medical issues. Entered an open road race. The car was later rebuilt and ran at the Salt Flats.
Props on getting Jack Dorsey for the video!
Don’t insult people like that, man. Sometimes you CAN take it too far.
I remember when that crash happened. Nearly cried seeing that Enzo split in half on TV
For a second I thought this was about the enzo that crashed in Jersey last year. It was literally across my place of work
I remember hearing about this on the gaming side. The whole gizmondo saga was nuts.
The car split in half, not the tub. They made to split in half to dissipate energy in a crash.
Secondly, I know of some noobs that count MC-12 chassis thinking they’re Enzo’s.
I well remember the crash. I live about 50 miles south. Heavy press in the area. TV and newspaper stories covered it to the fullest.
His retelling is the story as I remember it. I can’t quite remember but I think the estimated speed was 150 on impact.
The real tragedy is those aftermarket wheels.
When Top Gear made an episode in China, didn't Jeremy Clarkson say that when Ferrari finished production on their 6th Enzo, a 7th one appeared in China? Maybe some of those are cheap knock-offs?
"who would buy it?"
Every guy ever:
"I would!!!"
Dude knows model numbers like watch aficionados!
Finally. Just the other day I was thinking when will they do a video about this holy grail of crashes.
I give credit ti Ferrari to not patching up a car of such capabilities, plus building a new replacement avoids any unsafe car lawsuits potential when a rich owner crashes the car again.
This reminds me of the 1990's story where Jaguar invited every D-Type owner to Silverstone for a free anniversary 'weekend of celebration'. If I remember correctly, FOURTY more D-Types turned up than were actually made! Given how many would have been lost over the years this number is astounding.
Some vehicles are like worms, cut one in half and two wriggle away. 🇬🇧
That’s some nonsense. He hit the bottom of the pole or otherwise it wouldn’t be still attached to the wires.
The other half of this tale was this guy flashed a badge and it had turned out that before he crashed the car at an estimated 130 mph he had started his own private police dept. True story.
I actually remember this story from an episode of Auto/Biography on MotorTrend
Really wish they would bring that show back. Loved that series while it lasted.
@@67fordmustanglover I really loved the cold cases episodes, those were great
OK show with good topics but it seemed they never had enough material for an hr so they spent a lot of time repeating what they already told us.
That "European Bank" was Bank of Scotland - now a part of HBOS Group, they took the hit on both Enzo's
RBS? Royal Bank of Scotland?
@@aod2392 no Bank of Scotland - the other Scottish Bank, I recall guys I knew who worked in Finance talking about the fraud that was committed on both Enzo's and them trying to recover the cars
I got a ticket right in front of that telephone pole 2 weeks after the crash. I was doing a wheelie on my 2005 Yamaha R1. The Sherriff was pissed because of what Fat Steffy did,and said they were out patrolling 24-7 after that. Was a 400 history lesson.
I just reread about this story a few months ago! Crazy times.
That Enzo might be the one modified by Koenig
Everyone knows that even after a minor accident, some or many parts have to be replaced. So they just replaced a LOT more of them, and kept maybe the VIN plate and a door handle. That makes it a repaired car, technically.
The hell I literally have recurring dreams of driving fast then suddenly launching off a crest and seemingly forever floating. This dude actually lived it. Wild
Another exciting video!!! Thanks Vinwiki!! 👍👍🙂
The full story should be made into a movie
The strange thing is, by law, if one manufacturer declares a limited production run and the end number differs north of the original statement then usually it’s a crime that’s taken to the courtroom. Problem with Italy is that law is merely there for the middle class people, and Ferrari is not amongst them. This runs true even to this day.
They need to make a movie about this.
Always a pleasure, to hear a great storyteller, tell a great story.....greatly🙄😁🍪
Seriously though, the company should hire you to tell it's story!!!
We got caught up in the Gizmodo flop. All the sales people fell for the appearance of having huge amounts of money that they could have a slice of. Some still deny the were hoodwinked..
Every insurer when the frame is slightly bent: “it’s scrapped”
Ferrari with a collapsed tub: “we fixed it”
@4:34....even the engine looks like "........dafuq just happened....🤣🤣
Fifty feet?! 😂 Phone poles of that type are 45ft before being installed...
50ft of Dukesahazard air. Not 50ft vertically.
I bought a Ferrari 34 years ago. I love the car. I hate the company and anyone involved with them. Biggest bunch of immature snobs I've ever dealt with. My Ferrari stays parked in the garage. I drive a C8 Corvette now. Much more normal group of people.
The guy who crashed the Ferrari also had a 70ft yacht impounded in marina del Rey . His wife was also found to be driving a McLaren Mercedes that was leased in Europe and not supposed to have left the country .
I know him personally! Live in the Surrey Hills near London, nice chap!
I was contracted to Gizmondo doing their interiors……never got paid for Piccadilly or Regent Street !
Also I am sure that this car was in an early episode of West Coast Customs where they made those wheels
I remember when this happened. Gizmondo failed soon after.
Rebuilding cars are done by other manufacturers as well 😊
- McLaren F1
- Aston Martin one 77
- Rimac concept one = top gear Swiss
- Porsche carrera GT
- Maserati mc12
- Koenigsegg
The coolest Ferrari Enzo that ever existed was not Rebuild at least not like the original, was Targa = the roof came off, Ferrari refused to build it but they paid so much that Ferrari agreed,some say was the fastest Enzo in the world and fastest Ferrari ever to come from factory =400 kmh, "standard Enzo " had 355 kmh, the crush occurred in the desert at 380 kmh, both driver and passenger survived with minor injuries 😢
That’s not structural soundness, that’s luck that the pole didn’t hit the passenger compartmen😂
What people forget is that the guy in the passenger seat Gunter had somthing to do with the LSD missle silo bust.
There are some parts of that road dipped by earth quakes and land slides… tricky road in some places around south of LA
Great story. Except for the Beverly Hills PD part. LA County Sheriffs police Malibu. Just like in the photos. W
I remember seeing the news when that happened. The guy was a career con artist
“Who would buy a refurbished enzo with its tub cracked in half”
Ed Bolian, thats who
I believe that Ferrari repaired the destroyed car- they just replaced every damaged part. Which was all of the parts.
The billion dollar scam is Ferrari has about 50 extra Enzo’s hidden somewhere that they can magically pop out as people destroy their own.
Weird, there is a shop by me in SLC. Few years back there was a red Enzo sitting out front, the owner of the shop claimed it was an Enzo that was famously split in half. Unsure if true, but fuel to the fire 🤷♂️