Driver of wrecked Enzo to be charged... | FerrariChat

Driver of wrecked Enzo to be charged...

Discussion in 'Ferrari Discussion (not model specific)' started by Capone, May 2, 2006.

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  1. Capone

    Capone Formula Junior

    Mar 29, 2005
    251
    Midwest
    Swedish businessman accused of wrecking rare Ferrari to stand trial


    LOS ANGELES (AP) — A Swedish businessman accused of stealing a rare Ferrari and wrecking it at more than 160 mph was ordered Monday to stand trial on embezzlement, grand theft auto and other charges.

    Bo Stefan Eriksson, former executive of a failed video game company, will be tried on charges relating not only to the Feb. 21 crash, but also on charges that he stole from British banks that held the titles to two other luxury cars.

    The judge lowered his bail from $5.5 million to $3 million. Eriksson, 44, was returned to jail Monday at the end of a three-day preliminary hearing. Attorneys for the former executive of Gizmondo Europe Ltd. declined to comment.

    The case stems from the crash of a Ferrari Enzo — one of only 400 made — that slammed into a pole on Malibu's Pacific Coast Highway at an estimated 162 mph. The $1 million vehicle was destroyed; Eriksson suffered only minor injuries.


    The accident triggered an investigation when Eriksson told police that he was only a passenger and that the driver had run into the hills.

    He is charged with bringing two Enzos and a Mercedes McLaren SLR — altogether worth an estimated $3.8 million — into the United States even though he allegedly did not have permission from the British banks that provided them on "lease purchase" agreements.

    Sheriff's Detective Zack Conner testified that Eriksson told him that he was driving. He also testified that officials of the three British banks told Conner that Eriksson did not have permission to take the cars out of that country. The officials also said Eriksson defaulted shortly after obtaining the vehicles.

    Defense attorney Paul Takakjian argued that Eriksson stopped paying because his business collapsed.

    A search of his home last month turned up a handgun. Eriksson, who served 5 1/2 years in a Swedish prison for various crimes, is charged with being a felon in possession of a firearm, a felony.

    He is also to be tried on three felony counts of embezzlement, three felony counts of grand theft, and two misdemeanor counts involving driving under the influence. He faces a maximum of 14 years in prison if convicted of all charges.
     
  2. Scuderia_Ferrari

    Scuderia_Ferrari Formula Junior

    Sep 13, 2004
    749
    Ottawa, Canada
    Full Name:
    Jamie
  3. Fastviper

    Fastviper F1 Rookie

    Nov 20, 2003
    4,525
    Texas
    Full Name:
    Dash
    I really like this story.

    So he is in prison for 5 years gets out and a bank will lend him money for 3 exotics. I hope they do a dateline story on him.
     
  4. bernardo66

    bernardo66 The Crazy Cat Man
    Lifetime Rossa Owner

    Dec 14, 2003
    26,529
    Montreal Canada
    Full Name:
    Bernie
    Don't drop the soap.
     
  5. Nick85

    Nick85 Karting

    Feb 23, 2006
    166
    USA
    I hope he gets off.
     
  6. Peloton25

    Peloton25 F1 Veteran

    Jan 24, 2004
    7,646
    California, USA
    Full Name:
    Erik
    Actually, it's somewhat new news in that he has finally admitted to being the driver of the Enzo when it crashed.

    >8^)
    ER
     
  7. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Owner Rossa Subscribed

    May 4, 2001
    36,473
    Birmingham, AL
    Full Name:
    Tommy
    I couldn't believe this myself.
     
  8. Speed Racerette

    Speed Racerette Formula 3

    May 24, 2004
    1,354
    Dallas, TX
    Full Name:
    She wants Revenge
  9. ProRallyCodriver

    ProRallyCodriver Formula 3

    Oct 25, 2005
    1,250
    Alexandria, VA
    Full Name:
    Dave Shindle
    Why? The guy is a crook(exporting the cars and defaulting loan raising interest rates for honest people), a liar (stated he wasn't the driver), a loser (business failed), a danger to society (drunk driving), an idiot (wreaks a piece of art Enzo) and now exposed as the loser he truley is.

    I hope the remaining 2 cars are returned, the a**hole is deported and extradited out of the states back to Sweden so US citizens don't have to pay for his prison time, and Sweden jails him and garnish everything he ever makes again till the Enzo is paid off.
     
  10. F328 BobD

    F328 BobD Formula 3

    Mar 17, 2001
    2,327
    Southlake, TX
    Full Name:
    BobD
    I think this story is pure BS. My guess; Dietrich is still hiding behind a bush near PCH in Malibu.
     
  11. Nick85

    Nick85 Karting

    Feb 23, 2006
    166
    USA
    Only real criminal behavior here is the Enzo being destroyed. The rest is as common as Oprah, only difference he got caught. Let's focus on real criminals.
     
  12. SoftwareDrone

    SoftwareDrone F1 Veteran
    Sponsor Owner

    Jan 19, 2004
    7,861
    San Jose, California
    Full Name:
    Mike
    Now I understand why I had to go through so much red tape to get financing on my exotic. I don't have nearly enough years (0) in prison.
     
  13. ProRallyCodriver

    ProRallyCodriver Formula 3

    Oct 25, 2005
    1,250
    Alexandria, VA
    Full Name:
    Dave Shindle
    $1 MILLION reasons that the guy does not have. Last I checked, grand theft auto was illegal.
     
  14. Nick85

    Nick85 Karting

    Feb 23, 2006
    166
    USA
    True. Well we'll see...he certainly doesn't deserve 14 years.
     
  15. Sideways

    Sideways Karting

    Dec 7, 2004
    122
    Double that 14 years to twenty eight years and it sounds good to me. If I was doing 162mph on PCH they would throw the cell keys away. Bo get's away with that one. Lazy DA probably figures no witness, no case. That is one of the most extreme cases of reckless endangerment that I have every heard of. :eek:ff soapbox:
     
  16. Speed Racerette

    Speed Racerette Formula 3

    May 24, 2004
    1,354
    Dallas, TX
    Full Name:
    She wants Revenge
    Ferrari Case Figure Faces New Charges
    A Swedish national accused of car theft after the crash of a sports car in Malibu allegedly rear-ended an SUV while driving a Porsche seven weeks earlier.
    By Richard Winton, Times Staff Writer
    May 9, 2006


    A former European video game executive accused of stealing a rare Ferrari Enzo that he crashed in Malibu is now charged with hit and run after he allegedly crashed a Porsche Cayenne into a SUV near his Bel-Air home.

    Los Angeles city prosecutors Monday said they charged Bo Stefan Eriksson with misdemeanor hit and run and driving without a California license and insurance after they traced the Cayenne to him.

    Eriksson, 44, allegedly rear-ended a Ford Explorer on Jan. 4 on Sunset Boulevard at Beverly Glen Boulevard, said Jonathan Diamond, a spokesman for the city attorney's office.

    "Rather than exchanging information, he drove off," Diamond said.

    The incident occurred more than a month before Eriksson allegedly crashed a red Enzo at 162 mph on Pacific Coast Highway, slamming into a utility pole and slicing the car in half.

    Diamond said Eriksson did not own the Cayenne, but authorities linked it to him. Diamond would not elaborate. A manual for that Porsche model was seized during a recent search of Eriksson's home, court records show.

    Eriksson, a Swedish national, is set to appear in court today on the three new charges, which were filed Friday.

    David Elden, one of Eriksson's attorneys, said the hit-and-run accusations were minor compared to the charges filed by the district attorney's office in connection with the Enzo and other exotic cars.

    Eriksson faces up to 14 years in state prison if convicted of seven felony counts of embezzlement, grand theft auto and possession of a firearm by a felon and two misdemeanor counts of driving under the influence.

    He is accused of trying to defraud three British banks by importing three luxury vehicles — the red Enzo, a black Enzo and a Mercedes-Benz SLR McLaren — into the United States without the banks' knowledge.

    Deputy Dist. Atty. Tamara Hall said Eriksson tried to conceal the importation by using different Swedish passport numbers on customs forms and bank documents. Eriksson has pleaded not guilty to the charges.

    His attorneys insist that he did not steal the cars and was negotiating a financial settlement with the banks before his arrest last month. He is being held in lieu of $3-million bail pending trial.

    Moments after the Enzo crash Feb. 21, Eriksson told deputies that a German named Dietrich was behind the wheel. But an investigator said that Eriksson later admitted he was driving.

    During a hearing Monday, Los Angeles County Superior Court Judge Charles Palmer refused to lift a freeze on Eriksson's assets, including his $6-million home and a bank account. Prosecutors had the assets frozen to pay restitution if Eriksson is convicted. The judge did allow Eriksson to continue his mortgage payments.
     
  17. bernardo66

    bernardo66 The Crazy Cat Man
    Lifetime Rossa Owner

    Dec 14, 2003
    26,529
    Montreal Canada
    Full Name:
    Bernie

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