A financier who raced at 100mph in a £150,000 Ferrari which he bought after pretending to have won the lottery was caught after his passenger uploaded the footage to YouTube.
Neil Casson's passenger Kevin Moore filmed the 48-year-old going from zero to 102mph in just seven seconds as they travelled in his red sports car along a narrow B-road in Lytham, Lancashire.
But, when the pair fell out over a business deal, Mr Moore posted the video online in an act of revenge. It was later seen by police, who hauled Casson before the court.
Financier Neil Casson (pictured), who raced at 100mph in a £150,000 Ferrari which he bought after pretending to have won the lottery, was caught after his passenger Kevin Moore uploaded the footage to YouTube
When the pair fell out over a business deal, Mr Moore posted the video online. The footage shows Casson going from zero to 102mph in seven seconds
It later emerged that Casson had bought the car by fraudulently telling Ferrari Finance that he had won £1.24m on the lottery - when he actually won £25 on his cricket club's weekly draw.
Separately, he has also pleaded guilty to a string of fraud charges, in which he conned several people by claiming he would invest their money in profit-making schemes.
Jailing him for ten weeks over the driving offence, District Judge Jeff Brailsford told him: 'This was a big fast powerful car and the risk you created was enormous as you drove to impress the passenger.
'It was only by the Grace of God that nothing happened.'
It later emerged that Casson bought the car by fraudulently telling Ferrari Finance that he had won £1.24m on the lottery - when he actually won £25 on his cricket club's weekly draw
The footage, which was shown in court, shows Casson, from Galgate, near Lancaster, putting the car gear box into race mode. He says to the camera: 'Right we are stood still. I am putting it in race mode.'
The car's engine then revs as Casson moves through the gears, bringing the speed up to 102mph. As he accelerates, cars can be seen driving in the opposite direction.
He then says to Mr Moore: 'That's it: a ton in seven seconds. How quick is that? Quicker than 'owt you have ever been in.'
Mr Moore is also heard saying: 'I am videoing you....Hell that quick.'
Peter Bardsley, prosecuting at Blackpool Magistrates' Court, said Casson had driven along the road at speeds of up to 120mph and also dangerously overtaken a van on a bend, neither of which were filmed.
He said driving the car at the speed would have meant other vehicles would not have the chance to get out of the way.
Mr Bardsley added that, when Casson was interviewed by police, he told them he was 'used to driving high powered vehicles' but denied driving dangerously.
He told officers: 'I have had the Ferrari for a year. I gave it a bit of blast and may have exceeded the limit. It was a bit fast but It was not dangerous just normal.'
He also claimed Mr Moore had 'tampered' with the footage because he wanted money.
Casson was driving along a narrow B-road in Lytham, Lancashire, when he pulled the dangerous stunt
Peter Bardsley, prosecuting at Blackpool Magistrates' Court, said driving the car at the speed would have meant other vehicles would not have the chance to get out of the way
The footage did not come to light until some time after the incident, when Mr Moore threatened to put it online unless he got his way with the business deal, Mr Bardsley said.
John Halewood-Dodd, defending, said he did not believe Mr Moore had doctored the footage and that Casson was simply trying to 'impress' his business contact.
'The phrase boys with toys springs to mind,' he said. 'This is always going to be the sort of vehicle which attracts police attention.'
Casson was also banned from the road for eighteen months and must take a re-test before he can drive again.
He will be sentenced at a later date at Preston Crown Court after pleading guilty to 23 counts of dishonestly make false representations for financial gain.
One of the offences included fraud by false representation to Ferrari Financial Services that he was had won £1.24m on the Lottery, intending to obtain a financial agreement to buy a Ferrari 458.
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