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Home » Blog » Billionaire commits hit-and-run, won’t pay for damages

Billionaire commits hit-and-run, won’t pay for damages

December 18, 2013 by Lance M. Sears

Billionaire Hit-And-Run | Colorado Springs, CO Car Accident Injury Attorney | Sears & Associates, P.C.Hit-and-run crashes typically leave the victim confused, frustrated, and even worse, injured.

As an experienced auto accident injury attorney in Colorado Springs, Colorado, I’ve helped many clients who become victims of another driver’s careless actions—and worse—subsequent flight after a collision.

As a former Deputy District Attorney, I know there are a number of reasons people flee the scene of a collision.  More often than not, believe it or not, it is for financial reasons.  That is not the case here however.

Recently, a billionaire’s hit-and-run crash left a single mother with a $4,000 bill to pay.

Mort Zuckerman, owner of the Daily News, was cruising around East Hampton, New York this past summer when he rammed his Lexus into a parked sedan.

While Zuckerman claims he left his business card at the scene, he still left the scene.  Leaving the scene of a collision, like Colorado, is a major violation of New York State Law.

To add insult to injury, though not surprising knowing insurance companies, Zuckerman’s insurance company then refused to pay for the total cost of the damages, leaving the sedan-owner with $4,000 still owed to repair the damage.

The woman, Ms. Charlene Peele, was forced to send her car to the junkyard—leaving her without a reliable source of transportation.

According to an article from Gawker, Zuckerman’s net worth is approximately $2.4 billion (that equals over 140,000 new Ford sedans, not that I am counting).

As an auto accident injury attorney, this news seriously troubles me. If you have questions about a claim, or if something like this has happened to you and you want to discuss the incident, feel free to contact our Colorado Springs office.

If you have been involved in an unfortunate hit-and-run accident, do not hesitate to contact an experienced auto accident injury attorney right away.

Filed Under: Auto accidents, Blog Post, Legal, Personal Injury

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