The U.S. Attorney's Office in Western New York is looking for the rightful owner of a Ferrari stolen in Italy 18 years a

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The U.S. Attorney's Office in Western New York is looking for the rightful owner of a Ferrari stolen in Italy 18 years a

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The U.S. Attorney's Office in Western New York is looking forthe rightful owner of a Ferrari stolen in Italy 18 years ago.
WIVB reports a 1996 Ferrari F50 was stolen in 2003 and thenfound during an inspection at the Peace Bridge in Buffalo, N.Y., onDecember 14, 2019. The car was being transported across the borderfrom Canada into the U.S. when Customs and Border Protectionofficers noticed some rivets on the VIN plate were covered with ablack tar substance.
The vehicle, with 10,708 miles on it and worth an estimated $1.9million, was determined to be stolen but the government has filed acivil action to determine who can take ownership of it.
According to The Buffalo News, two people are claiming it'stheirs. Ferrari's records show the sports car was stolen from ahotel parking garage on March 30, 2003, just a month after anItalian man, Paolo Provenzi, bought it with his father and brother.And a Florida man, Mohammed Alsaloussi of Miami, says he bought itonline for $1.435 million in September 2019 for his carcollection.
Provenzi never recovered the vehicle and reportedly provideddocumentation from his insurance company showing his loss was notcovered. Alsaloussi, who owns the Ikonick Collection Ltd., said hedidn't know it was stolen when he bought it.
The vehicle's been in federal custody for more than a year, butits journey before that is a mystery. The car currently has aCanadian license plate and Provenzi's lawyer, Alessandra Piras,said a Japanese man asked Provenzi to withdraw his police report afew years ago.
"When this is over, there's going to be a movie made aboutthis," Piras told the Buffalo News. "This car has been going aroundthe world, apparently. It was in Japan for a while."
U.S. Attorney James P. Kennedy Jr., of the United StatesAttorney's Office in the Western District of New York, said he wasfiling a civil action to determine the vehicle's owner.
"After investigation, my Office determined that it would not beappropriate for us to exercise our authority and forfeit thisextremely valuable and previously stolen luxury car," Kennedy said."Instead, after an 18-year odyssey, which we know took it acrosscontinents and countries, we have decided that the time has comefor a court of law to determine the rightful owner of thevehicle."
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