10/02/2012 05:07 pm ET

Andy House Bugatti Crash: Philadelphia Indemnity Insurance Takes Texas Man To Court Over Crash (VIDEO)

A man accused of intentionally driving his $1 million Bugatti car into a lagoon to collect insurance money will go to trial later this month, ABC News reports.

Three years ago, Andy House, an auto-dealer, told authorities that he dropped his phone while driving down a Galveston, Tx., highway. When he looked up, he claims he saw an errant pelican on the road, which caused him to swerve into the water.

Nearby motorists excited to catch a glimpse of the luxury vehicle -- one of only 300 ever manufactured -- filmed the sighting and, to their surprise, the car's tragic trip to the pond. The video surfaced on YouTube and has generated nearly 3.7 million views, according to the site.

Now, the insurance company is pointing to what it sees as a suspicious sequence of events leading up to the accident.

According to ABC:

Three weeks before the accident, Philadelphia Indemnity Insurance Co. said, it issued a $2.2 million policy on the Bugatti, one of a few hundred made. The insurance company is using the video as evidence to say House committed fraud because there was no pelican in that now-infamous video, according to the company.

The insurance company believes that House drove into the swamp to collect the multi-million dollar claim to pay back a friend who lent him money for the car, NBC News reported.

Lloyd Gillespie, the man who gave House the money, is also a defendant in the suit.