(Zero Hedge) O Globo, a Brazilian newspaper based in Rio de Janeiro, Brazil, reported on Tuesday that a small factory in the southern state of Santa Catarina was producing fake Ferraris and Lamborghinis for $45,000 to $60,000, a substantial discount versus the retail price of a genuine supercar.
The investigation behind the counterfeit vehicles started when representatives of Ferrari and Lamborghini began to notice pictures of the fake supercars circulating social media contacted the Civil Police of Santa Catarina. From there, police launched a raid on Monday of the factory where they discovered a father and son team, along with other employees, working on at least eight replicas at the time. The police used flatbed trucks and seized all vehicles inside the facility for evidence.
Police said there were only three models being produced at the time of the raid: Lamborghini Gallardo and Huracan, and a Ferrari 430 lookalike.
Fake parts, with some including fraudulent engravings of the original manufacturer, were also seized in operation.
Police aren’t sure how many cars were manufactured at the unauthorized facility, nor do they know if other models were sold. Former employees are expected to testify where more clarity into the size of the operation could be determined.
The raid comes several weeks after Ferrari won a court case against a company offering to build replicas of the 250 GTO, an authentic version of the 1960s supercar has a price tag of $38 million to $48 million.