Eriksson finally charged in high-profile Ferrari Enzo bust-up
At the risk of beating a dead (Prancing) horse, here's the latest on Swedish scofflaw Stefan Eriksson, who balled up his Enzo in spectacular fashion on the Pacific Coast Highway in February. The 44-year-old pleaded not guilty yesterday to charges of embezzlement, grand theft and gun possession by a felon (Eriksson apparently has a counterfeiting charge stemming from the 1990s already on his rap sheet), and two counts of DUI.
Bail has been set at a hefty $5.5 million, in part to cover an estimated $3.8 million in exotic cars (the wrecked Ferrari, a spare Enzo, and the Benz SLR), and in part to minimize flight risk -- Eriksson apparently booked reservations for a flight to Blighty on April 10.
The fallen Gizmondo executive faces up to 14 years imprisonment.
[Sources: The Associated Press via the Seattle Times; Engadget.com]
Reader Comments (Page 1 of 1)
donald douglas 2:32PM (4/18/2006)
All i can say is what took them so long to throw the book at this moron ! im quite surprised he didn't get away out of the states ! I truly hope his cellmate is named dietrich !
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Toyota FJ Cruiser 3:46PM (4/18/2006)
I dont mind the law taking time to do things right, so he doesn't get off on a technicality. As long as he gets what is coming to him for what seems like a lifetime of criminal behaviour, alls well that ends well.
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DJA 4:46PM (4/18/2006)
I don't know this guy beyond the stuff we've all read, but I must say I find him annoying. That much money and he pisses it away being a dumb ass. I hope he goes to jail just because it seems like a good idea.
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Zach Segal 7:46PM (4/18/2006)
Well it's about time...we've seen too much of this guy lately on the news sites! Glad a final ruling as made.
- Zach, http://acurardx.net
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