Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Animal Spirits: When Genius Failed, Again

    August 6, 2026

    Donavan McKinney Defeats Shri Thanedar In Michigan Primary

    August 6, 2026

    The Apple Watch Series 11 Is $150 Off Right Now

    August 6, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Animal Spirits: When Genius Failed, Again
    • Donavan McKinney Defeats Shri Thanedar In Michigan Primary
    • The Apple Watch Series 11 Is $150 Off Right Now
    • Why Some People Experience Hair Loss While Taking GLP-1s
    • Brand tracking tools for scaling companies
    • Nikita Bier steps down as X’s head of product
    • New Pop-Up Dining Concept Coming to Magic Kingdom’s Most Infamous Saloon!
    • El-Sayed’s Michigan Senate Primary Win Sets Up the Left’s Biggest Test of the Fall
    Facebook X (Twitter)
    SBM Global News
    Demo
    • Home
    • Top Stories
      • Politics
    • Business
      • Small Business
      • Marketing
    • Finance
      • Investment
    • Technology

      Nikita Bier steps down as X’s head of product

      August 6, 2026
      Read More

      After killer quarter, Palantir CEO Alex Karp calls AI industry ‘Marxist’

      August 4, 2026
      Read More

      Rentio – Company Profile – AllBusiness.com

      August 4, 2026
      Read More

      The global memory shortage hits the MacBook Air

      August 3, 2026
      Read More

      OpenAI reportedly finds evidence that more of its agents ran amok

      August 1, 2026
      Read More
    • Lifestyle
      • Travel
    • Feel Good
    • Get In Touch
    SBM Global News
    Demo
    Home»Finance»Swiss Driver Facing Up To $110,000 In Fines For Speeding
    Finance

    Swiss Driver Facing Up To $110,000 In Fines For Speeding

    By Staff WriterAugust 15, 20254 Mins Read
    Facebook Twitter LinkedIn Reddit Email
    #image_title
    Share
    Facebook Twitter LinkedIn Pinterest Email

    GENEVA (AP) — The driver was clocked going 27 kilometers per hour (17 mph) over the speed limit on a street in the Swiss city of Lausanne, and now he’s facing up to 90,000 Swiss francs (over $110,000) in fines as a result. But he can afford it.

    Why the eye-popping penalty? Because the speedster, a repeat offender, is one of Switzerland’s wealthiest people, and the Vaud canton, or region, serves up fines based on factors like income, fortune or general family financial situation.

    The Swiss are not alone. Germany, France, Austria and the Nordic countries all issue punishments based on a person’s wealth. The recent fine isn’t even a record in Switzerland. In 2010, a millionaire Ferrari driver got a ticket equal to about $290,000 for speeding in the eastern canton of St. Gallen.

    Back then, the Swiss safety group Road Cross said rich drivers had been lightly punished until voters approved a penal law overhaul three years earlier that let judges hand down fines based on personal income and wealth for misdemeanors like speeding and drunk driving.

    Under today’s rules, an indigent person might spend a night in jail instead of a fine, while the wealthiest in the rich Alpine country could be on the hook for tens of thousands.

    A court in the Swiss canton of Vaud recently ruled that the tycoon must pay 10,000 Swiss francs ($12,300) up front and could be forced to pay the rest — 80,000 more — if he’s caught for a similar roadway infraction over the next three years.

    Switzerland’s “24 Heures” newspaper first reported the case and said the man, who was not identified, was a French citizen listed by Swiss economic weekly Bilan among the 300 richest people in Switzerland — with a fortune in the hundreds of millions of dollars.

    The daily reported that an automated police radar photographed the offender driving at 77 kilometers per hour (48 mph) in a 50 kph (31 mph) zone on a Lausanne street. A quick-calculating prosecutor tallied the maximum fine the driver faced under the law, the report said.

    Vincent Derouand, a spokesperson for the Vaud public prosecutors office, said the defendant didn’t contest the decision, which was handed down in June for the infraction nearly a year ago — in August 2024.

    The Vaud criminal code sets a maximum financial penalty based on the “personal and economic situation of the offender at the time of the ruling” — notably taking into account issues like income, fortune, lifestyle and family financial needs.

    20 Years OfFreeJournalism

    Your Support Fuels Our Mission

    Your Support Fuels Our Mission

    For two decades, HuffPost has been fearless, unflinching, and relentless in pursuit of the truth. Support our mission to keep us around for the next 20 — we can’t do this without you.

    Demo

    We remain committed to providing you with the unflinching, fact-based journalism everyone deserves.

    Thank you again for your support along the way. We’re truly grateful for readers like you! Your initial support helped get us here and bolstered our newsroom, which kept us strong during uncertain times. Now as we continue, we need your help more than ever. We hope you will join us once again.

    We remain committed to providing you with the unflinching, fact-based journalism everyone deserves.

    Thank you again for your support along the way. We’re truly grateful for readers like you! Your initial support helped get us here and bolstered our newsroom, which kept us strong during uncertain times. Now as we continue, we need your help more than ever. We hope you will join us once again.

    Support HuffPost

    Already contributed? Log in to hide these messages.

    The newspaper reported that he had already been caught for a similar speeding infraction eight years ago, and also paid 10,000 Swiss francs in penalty and faced another 60,000 if another infraction had taken place within the following two years.

    In Switzerland, penalties for speeding can even catch up with the cops: One officer was fined for racing at nearly twice the speed limit through Geneva streets back in 2016 while chasing thieves who had blown up a bank teller machine.

    View original article here

    Share. Facebook Twitter LinkedIn Email Reddit
    Previous ArticleDogecoin FOMO Incoming? August Catalysts to Watch Closely – BitRss
    Next Article Your 50s And Beyond Could Be Your Strongest Years

    Related Posts

    The Biggest Mistakes With Prenuptial Agreements, According To Divorce Lawyers

    August 5, 2026
    Read More

    Should Grandparents Be Paid To Babysit Grandchildren?

    August 3, 2026
    Read More

    Federal Court Stops Minnesota’s Prediction Market Law

    July 30, 2026
    Read More
    Add A Comment

    Leave A Reply Cancel Reply

    Demo
    Top Posts

    Former FBI, CIA Head Has ‘Serious Concerns’ With Trump Cabinet Picks

    December 28, 2024435

    Emirates to operate next-gen A350 on the third daily service to Cape Town

    January 14, 2026256

    AAVE Price Prediction: Target $215-225 by Mid-January 2025 as Technical Indicators Signal Bullish Momentum

    December 15, 2025240

    Ventive Hospitality Joins Green Fins: Strong ESG Lift

    February 17, 2026211
    Don't Miss
    Investment

    Animal Spirits: When Genius Failed, Again

    By Staff WriterAugust 6, 20266 Mins Read

    Today’s Animal Spirits is brought to you by YCharts: This episode is sponsored by YCharts.…

    Read More

    Donavan McKinney Defeats Shri Thanedar In Michigan Primary

    August 6, 2026

    The Apple Watch Series 11 Is $150 Off Right Now

    August 6, 2026

    Why Some People Experience Hair Loss While Taking GLP-1s

    August 6, 2026
    Stay In Touch
    • Facebook
    • Twitter
    Demo
    About Us

    Small Business Minder brings together business and related news from around the world in one place. Follow us for all the business news you'll need.

    Facebook X (Twitter)
    Our Picks

    Animal Spirits: When Genius Failed, Again

    August 6, 2026

    Donavan McKinney Defeats Shri Thanedar In Michigan Primary

    August 6, 2026
    Most Popular

    Former FBI, CIA Head Has ‘Serious Concerns’ With Trump Cabinet Picks

    December 28, 2024435

    Emirates to operate next-gen A350 on the third daily service to Cape Town

    January 14, 2026256
    © 2026 Small Business Minder
    • Home
    • Get In Touch

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. To get the most from our site, please disable your Ad Blocker.