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36Man who drove Bugatti Veyron into lake pleads guilty, faces 20 years in prison [w/video]

Remember the guy who caught on video driving a Bugatti Veyron into the Gulf Bay in Texas? Well, he's now facing a few decades behind bars. You might wonder why some seriously bad driving in a million-dollar supercar could lead to such a long stint in the slammer. Well, Andy Lee House of Lufkin, TX, pled guilty to wire mail fraud in federal court in the Eastern District of Texas. As it turns out, crashing the car was all about getting an insurance payout.

42Watch Where You Store: Minneapolis man busted for driving, crashing customer's Lamborghini

"Looking for a company you can trust? Look no further!" says the boldface type on Top Gear Autoworks' website, an automotive service, repair and storage shop in Minneapolis, Minnesota. Not a very wise move, say the local authorities, after recently arresting David Juntunen, the 40-year-old male owner of the shop, and charging him with insurance fraud after an unauthorized – and destructive – late-night joyride in a customer's Lamborghini.

545Even more images of the airport full of 15,000 flood-damaged Sandy cars

The damage from a major natural disaster can be harrowing – loss to life and limb combined with property damage, environmental, economic and psychological impact make picking up the pieces difficult. But long after the crisis ebbs, the damage lingers, becoming ever more pernicious and difficult to discern. Mold inside walls, unseen weakened structures... they all get covered up with fresh coats of paint. So, too, it is with the automobiles affected.

16Did Driver Wreck This Bugatti On Purpose?

Insurance company says Houston man is attempting to commit insurance fraud

A man who crashed his $1.2 million Bugatti Veyron told police that he had dropped his cell phone while driving, looked up, swerved to avoid a pelican and wound up submerged in a Texas lagoon.

22Trial of man whose Bugatti Veyron went in the drink mysteriously delayed [w/video]

The mysterious case of the drowned Bugatti Veyron has taken another turn toward the strange.

199Woman Caught Faking Car Accident

Lucky for motorist, he had dash-mounted camera rolling

As one former president might say, it takes a lot of brass to try and scam an insurance company by staging an accident. It takes even more to attempt the scam – and not even put much effort into it.

81If you're going to fake being run over, make sure a dashcam isn't on

If you live in certain parts of the world, it's probably best just to own a dashcam and leave it running at all times. Luckily, this Taiwanese driver had is camera rolling and was able to prevent himself from becoming a scam victim. He is not alone in this fight.

30Was that viral photo of a motorcycle cop crash-landing into convertible a scam?

The LA Weekly reports there may have been more to the viral news story of a motorcycle police officer who ended up with his legs in the air in the back seat of a BMW convertible after a traffic collision. Following an 18-month investigation, prosecutors have officially dropped the three misdemeanor assault charges against driver Brian Hitchcock after the man's lawyers discovered Hermosa, California officer Anthony Parente had a history of questionable accidents and hefty workers' compensation cl

73Infamous Bugatti offshore excursion going to trial for insurance fraud [w/video]

It appears the gentleman who piloted his Bugatti Veyron into a Texas lagoon has run into a spot of legal trouble. The insurance company that paid out $2 million for the trashed exotic is calling fraud on the whole scenario, and a federal judge has decided that the claim should go before a jury. Andy House of Lufkin, Texas, originally purchased the Veyron after securing an interest-free $1 million loan from Lloyd Gillespie. Philadelphia Indemnity Insurance Company alleges House attempted to pay a

101Watch an auto shop commit insurance fraud

We won't say it's human nature to cheat, but humans and cheating go together often enough to make us consider it.

29Cheaters claiming luxury cars as farm equipment for cheaper insurance

Perhaps it's time that insurance companies start taking a closer look the policies they dole out. San Francisco-based Quality Planning agrees, and that's why the company works with insurers to help cut down on some of the fraud found throughout the industry. One area that's a bit surprising? The amount of luxury cars that wind up covered as farm equipment.

22REPORT: Tough times yield more insurance fraud cases

They're called owner "give-ups," and their rise is a sign of the tough economic times. Despondent over being financially strapped and unable to cover car payments, vehicle owners are ditching, sinking, or torching their vehicles and reporting the loss to collect insurance payoffs. According to authorities, most of the titleholders aren't seasoned criminals. In fact, many of the false claims are filed by first-time offenders -- people who normally wouldn't steal a piece of candy from a store. How

14People turn to torching cars in bad economy

Vehicle owners behind in their payments and faced with mounting debts have begun taking matches to their cars and trucks in an effort to stop their payments and collect the insurance settlements. Unfortunately, in most cases the attempts backfire (pun intended). According to police, when delinquencies on auto loans rise, owner-involved arson jumps as well. Between 2004 and 2007, "potential owner give-ups" (most of which involve torched vehicles) nearly doubled nationally. Distinguishing between

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