Jan 12, 2010

Swiss court charges rich driver $290,000 for speeding

A Swiss court stunned people around the world by slapping a $290,000 (€ 203,181) speeding ticket on a millionaire Ferrari driver.

The punishment struck most people as extreme, but Swiss legal experts and campaigners defend basing fines on income as a fair and effective way to make the wealthy obey traffic laws.

Germany, France, Austria and the Nordic countries also issue punishments based on a person's wealth.

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