Police Demolish £200k Ferrari Confiscated From Millionaire Business Mogul
The white Ferrari 458 Spider, seized by the U.K Police after Zahid Khan, a millionaire businessman was stopped by West Midlands Police officers on April 5 last year, was reportedly crushed by the authorities.
Zahid Khan who disclosed that he was stopped by the Police because they suspected the car was stolen, however debunked their claim, and further disclosed that he had legitimately bought the car at auction, via a middleman, and had spent “a lot of time and money” on the vehicle.
Zahid Khan who shared a video of his £200k Ferrari crushed by the West Midlands Police on his Facebook page, wrote;
“This is my Ferrari the police crushed unlawfully!
It has taken them almost 1 year to release the video. I saved my ass off to buy this car and it was of sentimental value to me and my family. This money could have gone to a good cause, as a Ferrari broken for parts is worth more then the car as a whole!”
However West Midlands Police who defended themselves over crushing the car, claimed that the car had no valid insurance and was a Category B vehicle – which are officially classed as unroadworthy, meaning the shell had to be destroyed.
In a statement, West Midlands Police said the video is in relation to a trial which is due to start next month.
They said: “A group of men and a woman are accused of running a car registration scam in which the rights to high-value number plates were stolen and offered for sale – some for more than £100,000.
“Khan his brother Aamir Khan, 25, and 39-year-old Ayan Ahmed, plus associate Zubair Ahmad, 33, have been charged with conspiracy to commit fraud.
“In addition, Zahid and Aamir Khan, face charges of concealing and converting criminal property relating to stolen cars running on false plates.
“And Zahid Khan also stands accused of four counts of fraud by false representation after it’s alleged he failed to declare details on car insurance documents.”
However the 31-year-old millionaire businessman, says he is now planning on taking legal action after obtaining footage from the police.
In March last year Khan parked the vehicle on the pavement outside Birmingham Crown Court. He was there to appeal his conviction for forcing tenants out of homes they had rented. He succeeded in overt-turning three charges.
But a month later police seized the Ferrari after pulling him over. When he later appeared in court with papers to prove his ownership of the vehicle, he was told that it had already been destroyed.