Remember the Bugatti Veyron->ke1112 that veered into a lake from a seemingly straight road? Yeah, well the driver recently pleaded guilty to federal charges of wire mail fraud in connection with the crash.

Andy House, 39, of Lufkin, Texas reportedly bought the 2006 Bugatti Veyron->ke1112 for $1 million then promptly had it insured for $2.2 million. Soon afterwards on November 11, 2009, House purposefully drove his supercar->ke177 into the Gulf Bay. What’s more, House then left the quad-turbocharged, 8.0-liter W-16 engine running in order to fill it with saltwater.

Veyron destruction accomplished; the Bugatti->ke16 was a total loss.

Unbeknownst to House, another motorist was admiring his 1001-horsepower ride with his video camera rolling when House decided to turn his Bugatti in to a bag of cash. With the video->ke278 evidence uploaded to the all-telling YouTube, the FBI’s investigation on House’s questionable insurance payout had plenty of evidence.

House now faces up to 20 years in federal prison for his scheme. A sentencing date has not been set, so House’s fate is still unknown, but it’s not looking good.

So remember, kids – insurance fraud is no joke.

Click past the jump to watch the entire cringe-worthy episode from 2009 and to hear someone confuse a Veyron with a Lambo...