The car in question, a Porsche 356 A 1500 GS/GT Carrera Speedster, was purchased initially by Seinfeld from European Collectibles and sold to Fica Frio, who said he had reason to suspect fraud. A settlement in principle was announced regarding the transactions, but is awaiting final approval from a federal court in New York City.
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Seinfeld Settles with Buyer, Seller of Allegedly Fake Vintage Porsche
Jerry Seinfeld settled several legal proceedings related to an allegedly fake Porsche he bought and later sold at auction for more than $1.5 million. So reports Reuters.