Aged two years in prison for sale Ferrari engine

Aged two years in prison for sale Ferrari engine

Posted on 01-11-2015 at 13:00 by dizono – 22 Comments”

Ferrari 857s
The grandchildren of the 71-year-old Terry Myr will grandfather the next two years should look up in the local prison.

Terry Myr may, with the 71 year than somewhat on the age, according to Reuters, the man is a mechanic specialized in maintenance of exclusive classics. That sounds like the perfect grandpa for a car enthusiast, but goudeerlijk turns out the old boss not to be.

Sir had already debts is open from 195.000 dollar over the period from 2000 to 2003. Discouraged Myr to the sale of a rare four-cylinder Ferrari Lampredi engine, a 610.000 dollars out of the sight of the tax authorities to take place. Research by the American counterpart of the fiscal intelligence and investigation service revealed that the man, a week before the sale, an account was opened and the money had to be overwritten. Then he has more than half of the money used to have gold and silver to buy and the remainder spread over various accounts. A deliberate action to no tax on the sale to pay.

And that’s Terry Myr now price, figuratively and literally. Not only is he sentenced to a term of imprisonment of two years, he must also 738.904 dollars in taxes, interest and penalty payable to the government. Considerably more than the racewagenmotor put in the sale.

Ferrari Lampredi engine

Ferrari’s raced in the 50s, frequently with four-cylinder package, designed by Aurelio Lampredi. The block originally had a volume of 2 litres and a power output of 165 hp. This block was, among others, in the Ferrari 500 F2 of 1951 and the 500 TRC. Between 1951 and 1956 was the block still slightly larger, up to the 3.4 liter with 280 horsepower in the 860 Monza. Other applications were the 735’s, 750 Monza and 857 (photo). The type designation gives in all cases the content for each cylinder.


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