Lapo Elkann — rich person and grandson of late Fiat patriarch Gianni Agnelli — will not face charges for a November incident in which he told a family representative and the New York Police Department that he had been kidnapped.

Law enforcement sources claimed that Elkann had spent last Thanksgiving snorting cocaine, smoking marijuana, and drinking heavily with a 29-year-old escort, believing the kidnapping to be a ploy to acquire money to pay for the bender.  (Read More…)

Fiat heir Lapo Elkann, 39, allegedly faked his own kidnapping during a Thanksgiving weekend bender in order to get ransom money to pay for the drug binge. Elkann, the grandson of the late Fiat Automobiles patriarch Gianni Agnelli, was taken into custody by the NYPD and charged for falsely reporting the incident. (Read More…)