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Singapore car salesman jailed for gambling away $280k Maserati deposit

Kenny Rogers' country classic The Gambler is right about two things: you gotta know when to hold'em and know when to fold'em. A former Maserati salesman in Singapore is learning that lesson about when to step away from the table, after being sentenced to 33 months in prison for allegedly gambling away a customer's deposit of 350,000 Singapore dollars ($280,800).
According to Asia One, Allan Tan Buan Yuen was selling a Maserati in 2011. He told the customer that the car would take six months to arrive and cost 650,000 Singapore dollars ($522,000). While that may sound high, cars in the Asian country are notoriously expensive.
Yuen asked for a deposit of 150,000 Singapore dollars ($120,400), but instead of handing the money to the dealer, he placed the funds in his own account. Apparently, the customer didn't notice, and over the next few months Yuen received an additional 200,000 Singapore dollars ($160,400) towards the car from him. Clearly, this ruse couldn't last forever, though. When the buyer eventually inquired about his Maserati months later, Yuen admitted that he had already gambled away the entire fortune.

Step inside the secret lab creating Maserati's future

MODENA, Italy – Driving Maserati's raucous GranTurismo MC and the effortlessly quick Levante SQ4 back to back feels like traveling through time. Horsepower doesn't go out of style, but a user interface quickly does, and the GranTurismo looks like it's from another era in that respect. Designers, engineers, and executives are busily orchestrating a transformation that will ensure the 105-year old firm's next leap forward is even more dramatic. Autoblog went behind the scenes in Maserati's Innovation Lab – which has never been opened to outsiders before – to find out how the looming metamorphosis will shape Fiat-Chrysler Automobiles' (FCA) flagship brand. Maserati is on the brink of a ground-up redesign that will take it into new segments of the market, and diversify its powertrain palette. We heard the term electrification used on many occasions during our visit, though company officials resorted to automotive omerta when we asked for additional details. An earlier product plan reveals every upcoming addition to its line-up will be available with an electric powertrain, and there will be quite a few cars to electrify. Historically a small, almost niche automaker, Maserati is on track to release five new models between 2020 and 2023, including a second SUV positioned below the aforementioned Levante, plus replacements for most of its current cars. Technology is playing a significant role in Maserati's renaissance. The company's four-year-old Innovation Lab is home to simulators capable of reproducing six months' worth of wear and tear in two weeks. Engineers can dial in a variety of situations, locations, and road conditions, ranging from a winding country road in France to a busy highway in southern California. They can digitally insert potholes, add rain or fog at the push of a button and remove either just as quickly, and put virtual prototypes on a long list of race tracks around the world, including the Nurburgring. Digital wind tunnels help the team test future cars well before they're built. This approach saves time and money, explained Luca Dusini, the man responsible for Maserati's vehicle dynamics testing and simulation. Making every dollar and each minute count is key to pulling off such an ambitious overhaul. 90% of development work is carried out on the various simulators, according to Dusini. This is significant, because Maserati is developing most of the technology it will pack into its future models from scratch.

Maserati Quattroporte custom-built wagon up for sale

These days, any modern station wagon is a rare machine, with models such as the Mercedes-Benz E-Class, Volvo V90, Audi RS6 Avant, and Porsche Panamera Sport Turismo selling not much more than a handful each. But combine the rarity of the wagon body style with the relative obscurity of the Maserati Quattroporte, and you have a truly unique longroof. That's exactly what you see here, a Maserati Quattroporte shooting brake, and it's coming up for sale by Historics Auctioneers in the U.K. Maserati never made a wagon version of its Quattroporte — "Cinqueporte"? — but that didn't stop one determined U.K. buyer. Inspired by the Quattroporte-based Bellagio Fastback, four of which were built by the Italian coachbuilder Touring, he had this 2016 Quattroporte converted into a shooting brake. The work was carried out by British high-end car restorer Adam Redding. The result looks like it could have come out of the factory in Modena. It's finished in Gunmetal Grey Metallic with 20-inch Mercurio alloy wheels with a black finish. The interior is Nero leather. There are no jump seats in the cargo hold, just luggage space, which again appears finished to a factory standard and is accessed via a power liftgate. Other features include navigation, parking sensors, heated seats, a backup camera, and a sunroof. As a U.K. car, this Maserati is right-hand drive. The Quattroporte's voluptuous styling lends itself to the wagon form. Too bad Maserati is unlikely ever to pick up the baton and offer such a model itself. Short of commissioning one yourself, this upcoming auction is likely to be the only chance to get one. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.