Andy House, 39, was unaware he was caught on camera as he drove the £850,000 supercar into the depths of a salt water lake in a flurry of spray.
The soaked driver, who now faces 20 years in prison, claimed he had been momentarily distracted by a low-flying pelican when reaching for his mobile phone, causing him to swerve uncontrollably.
As the Bugatti Veyron he had purchased one month earlier gargled in the water, Mr House clambered out but left the pricey 253mph car’s engine running.
The engine spluttered in Gulf Bay near La Marque, Texas, wrecking it beyond repair.
However, unknown to Mr House, footage of the incident – which features no low-flying pelicans – was uploaded to YouTube, where it was viewed four million times.
Mr House immediately lodged an insurance claim for $2.2 million (£1.3million) making the incident one of the most expensive single car crashes in US history.
This lead to a major investigation involving the FBI, local police, Texas Rangers, the Department of Public Safety’s Criminal Investigation Division, and the Sheriff’s Office.