Fiat heir Lapo Elkann was arrested Sunday for allegedly faking his own kidnapping after a bender with a transgender escort in a New York City, just days before he was scheduled to host an Art Basel party in Miami with Rosario Dawson, RadarOnline.com has learned.
The notorious partier called his family from New York demanding a $10,000 ransom "to guarantee his safety", a U.S. official told the Associated Press.
But now, investigators believe Elkann, grandson of Fiat's Gianni Agnelli, faked his own kidnapping after running out of cash during a two-day binge with the woman.
Though he is a Fiat shareholder, Elkann has no official role in the company.
“The family usually puts him on lockdown after something like this,” a source told Page Six of the matter.
Leading up to the incident, the 39-year-old displayed strange behavior online, posting a rambling video to Instagram announcing that he was traveling abroad to pursue "a lot of projects in development. . .a lot of new ideas" with "many very interesting characters."
As reported, Elkann made his first splash in headlines in 2005 after he was hospitalized for a drug overdose in Italy.
Elkann was slapped with a misdemeanor for falsely reporting an incident. He's due in court in January.
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