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A driver faces up to $110,000 in fines for speeding on a Swiss street. But he can afford it

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.

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A driver faces up to $110,000 in fines for speeding on a Swiss street. But he can afford it

FILE - A vehicle passes in front of a sign of the Vaud Cantonal Police indicating the number of driving licences withdrawn for speeding in the construction zone on the A1 motorway between Lausanne and Yverdon, Switzerland, Tuesday, June 15, 2010. (Dominic Favre/Keystone via AP, file)


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.

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