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I hope they inform their insurers!
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The late owner does seem to have been conned a bit. But there are quite a few forgeries and bitzas in the vintage sports car world, and post-vintage too as there are a lot of Ferraris and such with smudged pedigrees.
Bugattis in particular are very Meccano-like to their vertiginously rich owners, and seem to spend a lot of time with their jewel-like vitals exposed. They are high-maintenance as well as expensive to buy.
So long as it's put together from genuine Bugatti parts or properly-engineered replica parts, it's still a Bugatti (actually I think there's a firm in Argentina that makes replica Type 35s from the ground up. Not cheap). Or a real Bentley or ERA or whatever. Real mongrels carry the title 'special'.
Of course a proper car driven by so and so in the Tripoli Grand Prix, with the right chassis and engine numbers and maintained/restored rather than modified, is worth more huge scoops of money than a bitza. Caveat emptor, innit?
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Bugatti - Bugatti Forgery yours for £250k - Shiny
