Posted on 04/17/2006 3:53:56 PM PDT by iPod Shuffle
Theft charges for man who wrecked Ferrari
Mon Apr 17, 2006 11:27 PM BST15
LOS ANGELES (Reuters) - A Swedish former video game executive who destroyed a $1 million (565,000 pounds) Ferrari Enzo in a 160 mph crash was charged on Monday with stealing that Ferrari and another one plus a rare Mercedes worth a total of nearly $4 million.
The Los Angeles District Attorney's office charged Bo Stefan M. Eriksson with nine criminal counts including drunk driving, embezzlement, grand theft auto, and possession of a firearm. If convicted he faces 14 years in prison.
Eriksson, 44, was an executive for European video game company Gizmondo, which filed for bankruptcy earlier this year with more than $200 million in debt.
Authorities said Eriksson was drunk at the time of the February crash and that he had imported his sports car collection to the United States in violation of a lease agreement with British financial institutions.
The Ferrari Enzo wrecked in the crash was one in only 400 ever made and was going well over 160 mph when it smashed into a power pole on the Pacific Coast Highway in Malibu on February 21. The crash ripped the car apart but nobody was injured seriously.
Eriksson was arrested in April and is currently in jail while immigration officials conduct a separate inquiry.
THIS WAS WEIRD.
All Your Former Video Game Executive are Belong to Us!
Yeah, I mean it's not like he was driving a DeLorean.
If he had been, this story wouldn't have broken until 2036.
Why did it take so long? This case has been weird from the getgo.
In the muslim world, those cars were just asking for it!
Prime example, the convenient German driver.
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