Fiat heir Lapo Elkann fakes kidnapping to extort money from family


Italian fashion designer and Fiat heir Lapo Elkann allegedly faked his own kidnapping in order to extort money from family members after a weekend-long drug binge.

New York Daily News first reported that Elkann and a transgender prostitute holed up in an apartment using various drugs over two days. After the money ran, the need for more drugs led Elkann to the false imprisonment claim. He allegedly contacted family members asking for $10,000 ransom for his safe return. The family member worked with the NYPD on the drop and when Elkann and the prostitute appeared to pick up the “ransom,” police picked them up for questioning.

According to International Business Times, Elkann was not held by the authorities. Instead, he was issued a ticket for arraignment.

Besides his fashion line and a few key collaborations, Elkann’s other claim to fame is that he is the grandson of Gianni Agnelli the former CEO and principal shareholder of Fiat.