Swiss Millionaire Hit By Record Speed Fine

tugfoigel writes "A Swiss court has slapped a local millionaire with a record speeding fine of $290,000.The man was reportedly caught driving a red Ferrari Testarossa at 137km/h (85mph) through a village.The penalty was calculated based on the unnamed motorist's wealth — assessed by the court as $22.7m — and on his status as a repeat offender."

My word!

[Suki I]

How can that possibly be fair? Wait! Now I know where to speed for cheap. Shouldn't be charging me more than about $5 for the same ticket ;)

How to eliminate credit card debt

[Jodka]

According to the values given in the article the amount of the penalty is about 1.3 percent of net worth. For those with a negative net worth because you have student loans, mortgages and credit card debt I recommend speeding through small villages in Switzerland. Because the penalty will be a negative amount, the government will pay you. Keep speeding until your net worth is $0.00 then stop.

If you can not afford a car which reaches excessive speeds, take out a loan.

     

Re:My word!

[dmbasso]

Too bad you managed to escape.