Drug Lord’s Ferrari Becomes a Police Car

Mike430 · 11-13-2011, 08:29 AM

The Columbian police has proudly unveiled their latest police car: a Ferrari 348 TS that no one wanted to buy. Or better said, a car that no one dared to buy.

The 1991 Ferrari 348 TS was owned by drug lord Luis Hernando Gómez Bustamante. In 2004, Colombian police conducted raids against Gómez Bustamante, stripping him of 68 farms, 24 offices and 17 parking lots as well as other items and properties, a total worth listed at over 100 million. Among the seized assets was his Ferrari. Bustamante was transported for extradition to the United States on charges of money laundering, drug smuggling and much more in 2007.

His Ferrari 348 TS was seized by Colombia’s National Drug Office (DNE), which was responsible for disposing of seized assets. This department has offered the Ferrari for sale, but in September the DNE was shut down because many seized assets mysteriously disappeared without explanation.

The V8 powered Ferrari has only driven 1,200 miles (1,900km) and was valued at US $ 250,000 by Colombian authorities, a far cry from the car’s current market value. But the DNE failed to sell the Ferrari and not only because of the price tag.

The DNE’s last director, Juan Carlos Restrepo, told The Associated Press he believes it couldn’t sell the Ferrari because buyers feared that Bustamante’s family might come looking for it and the drug office staff feared that if it fetched a low price at an auction they could be accused of selling the state short.

So now the Ferrari was turned into a police car. The 348 was painted green and white, the colors of Colombia’s national police. They will put the Italian sports car on show and plans to tour the country before parking it in a police museum.

champagne612 · 11-13-2011, 08:35 AM

I wouldn't touch it!

Not so sure the cartels are going to appreciate his Ferrari being shown around as an example.

GuyIncognito · 11-13-2011, 10:08 AM

drug lord has the last laugh...it's due for a major service.

Jimmy Chen Shiba DDS · 11-13-2011, 11:55 AM

Quote:

Originally Posted by GuyIncognito

drug lord has the last laugh...it's due for a major service.

That is a good one. Just like bankers ? w/ smiles Jimmy

champagne612 · 11-13-2011, 12:12 PM

Quote:

Originally Posted by GuyIncognito

drug lord has the last laugh...it's due for a major service.

I don't know - think they are both experiencing a little rear end shimmy

t1fosI · 11-13-2011, 12:59 PM

Quote:

Originally Posted by GuyIncognito

drug lord has the last laugh...it's due for a major service.

.

Neonzapper · 11-13-2011, 01:29 PM

Colombia putting it in a museum. Not sure why.

Night Life · 11-14-2011, 12:11 AM

Quote:

Originally Posted by GuyIncognito

drug lord has the last laugh...it's due for a major service.

BWAHAHAHAHAHAHAHAHA

Pete04222 · 11-14-2011, 01:45 AM

They do the same thing in USA. Arrest the bad guy and paint "Police" all over the $100,000 car and drive it around to send a message that crime doesn't pay.

Neonzapper · 11-14-2011, 02:40 AM

In the Philippines, they publicly destroy (I mean "openly and completely") the exotic cars so they don't end up back in the hands of the bad guys.

JayG · 11-14-2011, 07:24 AM

Quote:

Originally Posted by Pete04222

They do the same thing in USA. Arrest the bad guy and paint "Police" all over the $100,000 car and drive it around to send a message that crime doesn't pay.

In high school, there was a local sherrif that turned a 91 300zx TwinTurbo into a sheriff car. HKS intercoolers, Jim Wolf ecu etc etc. It was amazing to see that going down the road with a light bar. Seized from a drug dealer vinyled on the back window with a DARE sticker beside it.

tazandjan · 11-14-2011, 08:20 AM

Hope they took it apart before putting it into service. Reminds me of the guy who bought a late model Ferrari and found a gram of coke in one of the cubbyholes.

Granucci · 11-14-2011, 10:33 AM

Kind of reminds me of the FBI agent couple years ago of F50 [ http://www.auto123.com/en/news/car-n...e?artid=131599 ] who wrecked the Ferrari/evidence while 'in transport'...still in the courts IIRC.

ryanl · 11-22-2011, 11:22 AM

i like the paint job.

Brian · 11-22-2011, 11:42 AM

Quote:

Originally Posted by Granucci

Kind of reminds me of the FBI agent couple years ago of F50 [ http://www.auto123.com/en/news/car-n...e?artid=131599 ] who wrecked the Ferrari/evidence while 'in transport'...still in the courts IIRC.

A determination was made in that case. The insurance company lost. The court decided the the FBI agent and ADA going for a joy ride weren't really at fault.

Surprised?

Our government at work.

Chrishawk4 · 11-22-2011, 01:14 PM

I'll take it

11-13-2011, 08:29 AM	#1
Mike430 Join Date: Aug 2008 Location: South Africa Ferrari Life Posts: 1,068	Drug Lord’s Ferrari Becomes a Police Car The Columbian police has proudly unveiled their latest police car: a Ferrari 348 TS that no one wanted to buy. Or better said, a car that no one dared to buy. The 1991 Ferrari 348 TS was owned by drug lord Luis Hernando Gómez Bustamante. In 2004, Colombian police conducted raids against Gómez Bustamante, stripping him of 68 farms, 24 offices and 17 parking lots as well as other items and properties, a total worth listed at over 100 million. Among the seized assets was his Ferrari. Bustamante was transported for extradition to the United States on charges of money laundering, drug smuggling and much more in 2007. His Ferrari 348 TS was seized by Colombia’s National Drug Office (DNE), which was responsible for disposing of seized assets. This department has offered the Ferrari for sale, but in September the DNE was shut down because many seized assets mysteriously disappeared without explanation. The V8 powered Ferrari has only driven 1,200 miles (1,900km) and was valued at US $ 250,000 by Colombian authorities, a far cry from the car’s current market value. But the DNE failed to sell the Ferrari and not only because of the price tag. The DNE’s last director, Juan Carlos Restrepo, told The Associated Press he believes it couldn’t sell the Ferrari because buyers feared that Bustamante’s family might come looking for it and the drug office staff feared that if it fetched a low price at an auction they could be accused of selling the state short. So now the Ferrari was turned into a police car. The 348 was painted green and white, the colors of Colombia’s national police. They will put the Italian sports car on show and plans to tour the country before parking it in a police museum. Attached Images

11-13-2011, 08:35 AM	#2
champagne612 Owner Elite Member Join Date: Sep 2010 Location: St Louis Ferrari Life Posts: 4,629 Name: Doug	I wouldn't touch it! Not so sure the cartels are going to appreciate his Ferrari being shown around as an example. 612 Nuvolari 16M Grigio Ferro

11-13-2011, 01:29 PM	#7
Neonzapper Owner Join Date: Jan 2009 Location: D.C./Manila Ferrari Life Posts: 974 Name: Mykol	Colombia putting it in a museum. Not sure why. _________________________ 1983 Euro 308 GTBi QV red/black s/n 44151

11-14-2011, 01:45 AM	#9
Pete04222 Owner Elite Member Join Date: Jun 2002 Location: USA & Singapore Ferrari Life Posts: 5,405	They do the same thing in USA. Arrest the bad guy and paint "Police" all over the $100,000 car and drive it around to send a message that crime doesn't pay. Capt. Pete '79 308 GTS, '82 Jeep CJ7 Jamboree "Time is what prevents everything from happening all at once."

11-14-2011, 02:40 AM	#10
Neonzapper Owner Join Date: Jan 2009 Location: D.C./Manila Ferrari Life Posts: 974 Name: Mykol	In the Philippines, they publicly destroy (I mean "openly and completely") the exotic cars so they don't end up back in the hands of the bad guys. _________________________ 1983 Euro 308 GTBi QV red/black s/n 44151

11-13-2011, 10:08 AM	#3
GuyIncognito Elite Member Join Date: Aug 2011 Location: SMO Ferrari Life Posts: 1,110 Name: Chas	drug lord has the last laugh...it's due for a major service.

11-14-2011, 08:20 AM	#12
tazandjan Owner Elite Member Join Date: Aug 2011 Location: Albuquerque, NM Ferrari Life Posts: 3,592 Name: Terry H Phillips	Hope they took it apart before putting it into service. Reminds me of the guy who bought a late model Ferrari and found a gram of coke in one of the cubbyholes. Taz Terry Phillips Present: 575M 135171 Past: Dino 246 GT 02984, 365 GTB/4 14009, 308 GTS 25125 Every day I look around, and if nobody is shooting at me, it is a pretty good day.

11-14-2011, 10:33 AM	#13
Granucci Owner Elite Member Join Date: Jan 2007 Location: far and away Ferrari Life Posts: 5,043	Kind of reminds me of the FBI agent couple years ago of F50 [ http://www.auto123.com/en/news/car-n...e?artid=131599 ] who wrecked the Ferrari/evidence while 'in transport'...still in the courts IIRC. Guide to the Galaxy: Don't Panic Rik -- LAH ! Current: 1990 Mondial T Cabriolet : Red/Tan 1995 456 GT 2+2 : Roso Metalizzato [Fer 311/C] & Tan Last edited by Granucci; 11-14-2011 at 10:40 AM.

11-22-2011, 11:22 AM	#14
ryanl Join Date: Mar 2011 Location: Vancouver BC Canada Ferrari Life Posts: 35 Name: RyanL	i like the paint job.

11-22-2011, 01:14 PM	#16
Chrishawk4 Join Date: Oct 2007 Location: Detroit, Michigan Ferrari Life Posts: 3,830 Name: Chris Hawkins	I'll take it “ To accomplish great things, we must not only act, but also dream; not only plan, but also believe.”-Anatole France "Dude, it's just math"-Pete

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