Pursuits
Ferrari Supercar Fight Leads to China Embezzlement Lawsuits
- 1963 Ferrari in the case previously owned by Chris Evans
- Case over red diamonds also in initial stages in Texas court
1963 Ferrari 250 GTO
Source: Simon Clay/RM AuctionsThis article is for subscribers only.
Some of the rarest cars in the world are at the heart of a London lawsuit embroiling an associate of one of China’s wealthiest men.
Zhao Hua Chen, who court filings say works for Chinese aluminum billionaire Zhongtian Liu, has accused Eric Po Chi Shen of buying real estate, rare red diamonds and super cars with money he embezzled while acting as his financial adviser, according to court documents filed in London’s High Court.