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Author Topic: $2 million car abandon at airport  (Read 118 times)
First77 (OP)
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June 25, 2018, 07:04:00 AM
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IT’S not your usual city problem. Forget unemployment, crime and housing issues, Dubai is suffering from a case of abandoned expensive cars.In the last five years, luxury cars including Porsches, Ferraris and Mercedes Benz have been abandoned on the streets of Dubai and left at airport parking lots as their owners flee bankruptcy, hit by the financial crisis.Under Sharia law, the failure to pay back debt is a criminal offence with offenders facing the risk of prison.

It was reported in 2011 that a $2 million rare Ferrari Enzo was even found abandoned in the airport parking lot by police. According to Gulf News, between 2000-3000 cars are abandoned every year in Dubai. A warning notice is first issued and if the owner fails to appear after 15 days the car is impounded and auctioned off for a fraction of their original price.

https://www.news.com.au/travel
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shamc
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June 26, 2018, 08:43:36 PM
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I wonder if any of the auctioned cars are sold off cheaply using bitcoin. Might explain how so many end up with lambos

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CryptoProdigy
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June 26, 2018, 08:51:24 PM
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You happen to know where they auction off the cars? a specific site or is it just a place in Dubai?
anazinovjeva
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June 26, 2018, 09:08:06 PM
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Those people certainly have more money then they know what to do with. They should donate some to me charity.

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ZacharyHood
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July 02, 2018, 05:36:44 AM
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it is really bad because it can be used.
First77 (OP)
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July 02, 2018, 06:07:46 AM
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Those people certainly have more money then they know what to do with. They should donate some to me charity.

I agree with you 100%. Those rich people are the real criminals.
LarryCaison
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July 02, 2018, 11:55:45 AM
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I think those cars should use for re cycle as soon as possible.
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