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The owner of the wrecked Bugatti Veyron that crashed into a lake is facing up to 20 years in prison after it was found the whole incident was an attempted insurance fraud.

The crash happened towards the end of 2009 when Andy House, an exotic car salvage yard owner crashed and ended up up in a lake in Texas. He originally claimed the cause was a low flying pelican before later trying to claim he dropped his phone.

Unfortunately for him, a passing motorist caught the incident on video which has helped expose the lie.

Additional reports also state he even tried the extreme measure of bribing someone to steal and destroy the model.

Of course, Philadelphia Insurance wasn't buying his story and consequently sued him for Insurance Fraud. House has since pleaded guilty and is now awaiting sentencing which could see the businessman locked up for up to 20 years.


Gallery: Bugatti Veyron lake crash was attempted insurance fraud, faces 20 years in prison

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