NEWYORK/MILAN Nov 29 Lapo Elkann, grandson of
late Fiat patriarch Gianni Agnelli, was arrested and charged in
New York with falsely reporting an incident, police said on
Tuesday after media reported that he was suspected of faking his
The police spokesman said there was an investigation into an
"unlawful imprisonment" which turned out to be false
information. He said Elkann, 39, had been released following the
charge and the matter was now in court. He had no other details.
American and Italian newspapers quoted unidentified police
sources, including in New York, that Elkann had allegedly faked
his own kidnapping over the weekend after he ran out of cash
during a Thanksgiving weekend bash in the city.
Elkann's publicist declined to comment. The Agnelli family's
investment holding Exor had no comment.
Elkann, who is also the brother of Fiat Chrysler
Chairman John Elkann and heir to Italy's biggest industrial
dynasty, nearly died of a drug overdose in 2005 after collapsing
in the apartment of a transsexual prostitute.
In 2007 he founded sunglasses company Italia Independent
, which debuted on the Milan stock market in 2013.
(Reporting by Brendan O'Brien in New York and Agnieszka Flak in
Milan; editing by Mark Heinrich)