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Rolex Series driver behind Ponzi scheme that bilked fellow drivers out of $5.4M?

Henri Zogaib (pictured, right) raced for and helped support the Samax Motorsport team that raced in the Rolex Series. The support came in the form of cash and good living that supposedly came from investing in iron ore, but apparently the monies actually came from a Ponzi scheme. And as the Orlando Sentinel tells it, the fraud has unravelled, leaving fellow Series drivers like Ryan Dalziel (pictured left), J. C. France, and Eddy Hennessy among those out hundreds of thousands of dollars. Zogaib's lure was the 38.4% return-on-investment he ... Read more →

Hyundai boss receives pardon from South Korean president Jonathon Ramsey

In South Korea, economics trumps justice. Chung Mong-koo, the head of Hyundai who recently received a suspended sentence for embezzling and bribes has -- along with 341,000 other businessmen, ...

Stolen car vandalized, thief complains to cops Michael Harley

In yet another indication that thieves may boast more skill and luck than overall intelligence, a 22-year-old Somers, Connecticut, resident in possession of a stolen Cadillac STS complained to ...

Mazda3 may be vulnerable to break-ins John Neff

var digg_url = 'http://www.digg.com/security/Got_a_Mazda_3_It_can_be_broken_into_by_just_punching_the_passenger_door'; We debated on posting this because we always seem to get nailed in the ...

48th time's the charm: U.K. driver narrowly escapes prison Damon Lavrinc

Being described by his court-appointed attorney as a "likeable idiot" is the least of Jamie Manderson's problems. The U.K. citizen is being identified as the most convicted motorist in the country's ...

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$450K show car gets Grand Theft Auto treatment: $5K reward for return 3 years ago on Autoblog

It’s one thing when thieves outside a 7-11 nab your winter beater. It’s another whole thing when low lifes hijack your $450,000 vintage 1937 Ford convertible show car along with the 1999 Ford F350 and trailer in which it was being transported. This one-of-a-kind vehicle nicknamed ...

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Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

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