Comedian Jerry Seinfeld sued for car auction fraud

Published on February 4, 2019

Legendary comedian Jerry Seinfeld is the target of a lawsuit for allegedly selling a bogus Porsche for $1.5 million.

Channel Islands-based Fica Frio bought the 1958 Porsche 356 A 1500 GS/GT Carrera Speedster in March 2016 and, a year later, when the car was prepared for a resale the examination recognized it as “not authentic.” Hired experts emphasized that car’s history lacked the photographs of restoration, according to the suit.

Fica Frio filed the suit in Manhattan Federal Court insisting that the car is:

“Not authentic and is not the automobile that Mr. Seinfeld and the vehicle summary provided at the Auction represented.” – Fica Frio, the buyer.

Ouch. The 64-year-old comedian is well known for his collection of classic cars. He dedicated a  whole web series to the cars called “Comedians in Cars Getting Coffee” that combines his sharp humor with his passion for cars. Seinfeld held the auction on Amelia Island, Florida, specially dedicated to the “Jerry Seinfeld Collection” of cars.

The lawsuit claims that “after being informed by Fica Frio that the vehicle is not authentic, Mr. Seinfeld orally accepted, in a voicemail audio recording, Fica Frio’s offer to rescind the sale of the vehicle and return to Fica Frio the purchase price that Fica Frio had paid to Mr. Seinfeld, plus all costs it incurred, in exchange for Fica Frio returning the Vehicle to Mr. Seinfeld,”

Seinfeld left the company a voicemail apologizing for the so-called “counterfeit car” and allegedly promised that it will be “completely indemnified,” according to the lawsuit’s claims.

In a rely, Seinfeld expressed his surprise to discover the lack of authenticity of the car, saying:

“[I’d] love to know how your guys figured it out because…my guys did not I guess see anything amiss with the car when I bought it.” — Jerry Seinfeld.

Seinfeld’s lawyer, Orin Snyder, relayed that he has asked Fica Frio for evidence to substantiate the allegations. “Fica Frio ignored Jerry and instead filed this frivolous lawsuit,” claims Snyder.

Snyder and Seinfeld did not reply to emails from Grit Daily. As far as we know, the comedian has not taken any action to repay the buyer.

As for Fica Frio? It is still expecting to get $1.5 million back including “costs incurred” from the purchase.

Mari Paliienko is a Contributor at Grit Daily. Covering events and brands, she is based in New York.

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