Ferrari Enzo crash in Malibu

Posting with ALL CAPS is what you do to express extreme emotion. It is easier on the eyes to read a normal font.

 

On the internet, typing in ALL CAPITALS is considered to be shouting.

Push the Caps lock key once. Then use the shift key to capitalize the first letter of each sentence.

Oh yeah, welcome to Fchat!!

 

Should know better by know..

 

Blah Blah Blah Blah Blah!!!!!!!! U making me yawn.

 

You have a lot to learn.

 

If someone (in HOLLYWOOD) has not started a movie script on this: from the rise and fall of Gizmundo, to the crash of the Enzo and subsequent 'findings', then HOLLYWOOD is missing something right under their noses.......

Who will play this Ericksson guy ?

And can I play 'Dietrich' ? LOL

 

he's being held on a $5,500,000.00 Bail today...

 

You could by a few enzos with that ...






Jimmy, nice set of new bimbo pix

 

Its not a sequel they can't make a movie unless it is a sequel or a part 3 or 4.

 

A Pileup of Charges in the Case of the Totaled Ferrari
The man arrested after the crash of a rare Enzo faces weapons, theft and drunk driving counts.
By Richard Winton and David Pierson, Times Staff Writers
April 18, 2006

Los Angeles prosecutors filed embezzlement, grand theft, drunk driving and weapons charges Monday against a former European video game executive, whose involvement in the crash of a rare Ferrari Enzo in Malibu two months ago has mushroomed into a case filled with international intrigue.

The charges, more extensive than prosecutors had suggested last week, come as officials with Scotland Yard and U.S. Immigration and Customs Enforcement continue to investigate the case, which involves the Swedish underworld, fake Homeland Security officials and an exotic car collection.

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If convicted on all counts, Bo Stefan M. Eriksson, 44, would face up to 14 years in prison. He pleaded not guilty through his attorney, who described the charges as "overblown."

The case stems from the 162-mph crash of the Enzo, one of only 400 made, on Pacific Coast Highway on Feb. 21.

Eriksson told sheriff's deputies that he was a passenger and that the driver, a man he knew only as "Dietrich," had fled into the hills.

But prosecutors charged Monday that Dietrich never existed and that Eriksson had been behind the wheel — with a blood-alcohol level above the legal limit — when the crash occurred. The charges were filed after officials received results of a DNA test of blood found on the vehicle's driver-side air bag.

Laying out their case against Eriksson for the first time, prosecutors accused him of embezzlement and grand theft for allegedly bringing the Enzo and the rest of his $3.8-million car collection to the United States, even though he had only leased them from British financial institutions. The lease contract, authorities said, prohibited him from taking the vehicles out of England.

He was also charged with possessing a handgun, which is illegal because he had been convicted of drug and counterfeiting felonies in Sweden.

Eriksson, dressed in an orange jail uniform, appeared in a downtown Los Angeles courtroom packed with journalists from around the world.

His attorneys protested that the $5.5-million bail set by Judge Mary Strobel was excessive. Prosecutors sought the high amount because they said detectives searching his Bel-Air estate April 8 found an airline ticket in Eriksson's name that would have him depart to London two days later.

"Right now, I have six or seven murder cases, including a death penalty case, where the bail is $1 million," said attorney Andrew Flier outside court.

Eriksson's other attorney, David Elden, said the .357-caliber handgun was not his client's but belonged "to a deputy sheriff for Orange County." The attorney did not elaborate, and Orange County Sheriff's Department officials declined to comment.

In an interview outside court, Elden described Eriksson as "totally innocent of all these charges."

"The press has blown this out of proportion," he said, adding that Eriksson is in a dispute with the British financial institutions over ownership of the destroyed Ferrari as well as two other expensive vehicles.

Elden also said Eriksson is not a flight risk because he has business ties in Los Angeles, though he did not say what they were.

Eriksson arrived in Los Angeles sometime last year, moving into the posh Bel-Air Crest section of Los Angeles with his wife and young son. Eriksson had been an executive with Gizmondo, a London-based video game company that filed for bankruptcy earlier this year with more than $200 million in debt. The finances of that company are now under investigation.

According to Swedish police records contained in the prosecutors' court filing, Eriksson in the late 1980s and early '90s was involved in counterfeiting, assault and drug crimes tied to a Swedish underworld group in Uppsala, a city 50 miles north of Stockholm. He was sentenced to prison three separate times, according to the records.

Some observers Monday marveled at how the single-car, non-injury crash in Malibu could unravel such a string of revelations.

"It's amazing. If the guy didn't get into the wreck, none of this would have happened," said Malibu Mayor Andy Stern, who said he hopes the charges send a message to other sports car drivers who exceed the speed limit on PCH.

"I've seen guys like him before get away with things so long and never get caught," he added. "So they do it more and more. But eventually, you get caught."
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Normally I'd say he is toast, but then again this is LA where bigger guys got away with bigger offenses.

 

Tru Dat

 

But maybe that's why he won't get away; he's not really THAT big. I mean, it's not like he's an ex pro football player or anything! He may not be toast yet, but I think they are brushing on the butter and firing up the oven!

 

LOL

You're probably right. He doesn't have that star celebrity chic, just an ordinary gangsta.

 

5.5 mil for bail and 14 years in jail??? rapists and murders get less bail and jail time than that.

 

Bail is relative to the bailee. It's meant to be a deterrent in skipping, where the loss that would be sustained is greater than the desire to skip.

This guy is a common thief. He stole from his shareholders and his bankers. I say draw and quarter the scoundrel. It's his type that gives rich folk a bad name!

 

I am sure every waiter in W Hollywood is all over it.

 

You Folks in America are taking this way too seriously.!!! 5.5 million Bail for a acccident and driving cars on false plates.
So what if he took the money from the banks. Big deal!!!! It was a victimless crime. He crashed his car no one was injured. He is going to get mayb 14yrs for that. Dont you guys think thats a bit strong. In Uk for having an accident and driving away ( escaping ) you would get a maximum of 3 months and driving a car which was on security alert by fianance company is a civil matter.I think a lsap on the wrist is fair for that.
Poor guy is prob wishing he never had the crash now though. ha ha ha.

 

That goes to show you just how F**ked the American judicial system is. A few years ago a guy got a life sentence for spitting on a cop. It is about time we get some politicians in office who can spend their time on more important matters other than a damn car accident.

 

Thast excatly what im talking about. Too extreme if i must say so!!!!!

 

granted, not all officers are great; but surely he did something much mroe then that; that sounds extremely unrealistic, and a tall tale.

 

Some more in the Times today:

2nd Arrest Made in Ferrari Case
A Swedish executive is suspected of using a phony police ID to buy a gun. Another executive at the firm is accused of crashing the rare car.
By Richard Winton And David Pierson, Times Staff Writers
April 27, 2006

A prominent European high-tech executive was arrested Wednesday at his Bel-Air estate on suspicion of posing as a police officer to buy at least one gun, widening an international investigation that began with the crash of a rare Ferrari in Malibu.

Carl Freer, 35, allegedly flashed a badge from an obscure San Gabriel Valley transit authority and said he was a sworn police officer so that he could purchase a gun from a dealer without the required background checks, authorities said.

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Los Angeles County sheriff's detectives said they found 12 rifles and four handguns during searches at the Swedish national's home in the Bel-Air community and on his 100-foot yacht docked at Marina del Rey.

A statement released through the Sitrick and Co. public relations firm quoted Freer's attorney as denying that the executive did anything wrong.

"This is the result of a misunderstanding over the purchase of a gun, which we hope to resolve in the coming days," attorney Michael B. Miller said in the statement. "At no time did Mr. Freer misrepresent himself to a gun shop."

Freer is the former managing director of Gizmondo, a once high-flying European video game player company that went bankrupt last year and is now the subject of several investigations. A fellow executive, Bo Stefan Eriksson, has been accused of crashing an Enzo Ferrari on Pacific Coast Highway while drunk in February.

Freer and Eriksson were also members of the "anti-terrorism unit" of the San Gabriel Valley Transit Authority, a small private company that provides rides to disabled people and the elderly in Monrovia and Sierra Madre.

The men served as advisors and were not sworn officers. But the agency issued both men cards, and Freer received a gold shield with "deputy commissioner" embossed on it.

Until now, detectives were puzzled about why two Bel-Air businessmen would be involved in an obscure transit agency.

But sheriff's spokesman Steve Whitmore said Wednesday that officials now believe Freer used the badge to buy one weapon and in at least one case, signed a sworn document saying he was a police officer.

Neither Freer nor Eriksson would be allowed to purchase guns in the U.S. because they are foreign nationals, Whitmore said.

"We have a wider investigation into who was given police identification by this supposed police agency," he added.

Miller, however, said in the statement that Freer "never misused the SGVTA badge."

Freer was arrested on suspicion of perjury for allegedly signing a declaration for the gun dealer that he was a police officer to obtain a .44 magnum handgun. Investigators are checking the background of the other weapons seized to determine how he obtained them, Whitmore said.

Detectives are still trying to determine what role the transit authority plays in the case. After deputies arrived at the scene of the Feb. 21 Ferrari crash, Eriksson showed them a card saying he was a deputy police commissioner for the agency.

A few minutes later, two men who identified themselves as "homeland security" officials arrived and spoke to Eriksson.

The transit agency has five buses and operates out of a garage in Monrovia. The two cities that had agreements with the agency have since canceled them.

"I think it's safe to say the house of cards is falling down," said Sierra Madre City Manager John Gillison of the latest revelations. "We were uncomfortable with a lot of the events and circumstances surrounding the San Gabriel Valley Transit Authority."

Eriksson faces a preliminary hearing today on embezzlement, grand theft, drunk driving and firearms charges. Prosecutors charge that Eriksson possessed the destroyed Enzo Ferrari and the rest of a $3.8-million exotic car collection although it was owned by British financial institutions.

According to court records, Eriksson spent five years in Swedish prison for assault, counterfeiting and narcotics offenses before becoming an executive with Gizmondo.

Freer was well-known in Europe's gaming world as managing partner of an upstart company that sought to challenge Nintendo and SonyPlaystation with a gaming system.

Gizmondo received much publicity, and Freer was hailed in British newspapers as a young gun. At the gala opening of the company's London office, he arrived in a Rolls-Royce.

But users found Gizmondo didn't have enough hot games to compete with the bigger names. The company filed for bankruptcy with more than $300 million in debt.

Although no one was seriously injured in the Ferrari crash, the investigation has generated significant attention because of the strange circumstances surrounding it and the fact that it destroyed one of only 400 Enzos ever built. Authorities believe the car was traveling at 162 mph when it hit a power pole.

Ashley Posner, an attorney who was chairman of the transit board when the Ferrari case broke, said in an interview Wednesday that he resigned after the accident.

Posner, who at one time was Eriksson's civil attorney, said he was surprised by the continuing revelations. When asked if the agency made clear to Freer that the badge did not give him police powers, Posner said: "Absolutely."

 

Deputy's Gun Is Latest Twist in Ferrari Crash
The weapon of an O.C. reserve officer is found in a raid at the home of the car's alleged driver.
By Richard Winton and Christine Hanley, Times Staff Writers
April 26, 2006

Detectives are trying to figure out why a handgun belonging to a reserve deputy for the Orange County Sheriff's Department was found at the Bel-Air mansion of the former European video game executive accused of crashing a rare Ferrari Enzo in Malibu in February.

Los Angeles County sheriff's deputies confiscated the gun during a raid at the home of Bo Stefan Eriksson, who faces grand theft, embezzlement and DUI charges related to the accident.

L.A. County Sheriff's Department spokesman Steve Whitmore confirmed Wednesday that the .357 magnum Smith & Wesson was registered to Roger A. Davis, a Newport Beach businessman and deputy with the Orange County sheriff's professional services division. Davis also serves on Orange County Sheriff Michael S. Carona's Advisory Committee.

Davis was issued a permit to carry a concealed weapon by the Orange County Sheriff's Department in August 2002 for self-protection, according to public records.

The disclosure adds yet another twist to the Ferrari crash saga.

But it also comes as Carona has come under criticism for his large expansion of the reserve deputy program, in which he has given badges — and in some cases concealed-weapon permits — to volunteers with no police training.

Last summer, a reserve deputy who is Carona's martial arts instructor was arrested and charged with flashing a badge and gun at a group of golfers who he thought were playing too slowly. That case is pending in court.

In another incident, a reserve deputy who owns an upscale Newport Beach restaurant resigned during an internal investigation into allegations that he flashed his badge during a parking dispute on the Fourth of July.

The professional services reserves are made up mostly of business executives who have no police powers but carry badges and sheriff's identification cards. They offer technical advice to the sheriff.

The group, which was created after Carona took office, includes many political donors and top business executives in Orange County. There are about 330 professional services reserve officers.

Davis did not return numerous calls seeking comment during the last week. A woman at his Newport Beach home declined to comment.

Whitmore said detectives were still trying to sort out Davis' connection to Eriksson.

But county records show that Davis is the owner of Roger Davis Estates, an upscale real estate agency that operates in the same Beverly Hills building as Gizmondo, the video game firm at which Eriksson once was an executive.

Sandi Gibbons, a spokeswoman for the Los Angeles County district attorney's office, said the gun was a key piece of evidence. Prosecutors have charged Eriksson with a weapons violation because, as a convicted felon, he is not allowed to possess a firearm.

"There is a dispute over how he got the gun. Eriksson is telling one story and the owner is telling another story," she said. But all that matters is [Eriksson] possessed the weapon."

Gibbons would not elaborate.

The Orange County Sheriff's Department declined to comment, citing an ongoing policy of not talking to The Times outside of arrests and other breaking news.

Prosecutors accused Eriksson of embezzlement and grand theft for allegedly bringing the Enzo and the rest of his $3.8-million car collection to the United States, even though he had only leased them from British financial institutions. The lease contract, authorities said, prohibited him from taking the vehicles out of England.

Eriksson has pleaded not guilty, and his attorney said last week that his client did nothing wrong.

Although no one was seriously injured in the crash, the investigation has generated significant attention because of the strange circumstances surrounding it and the fact that it destroyed one of only 400 Enzos ever built.

Authorities believe the car was going 162 mph when it smashed into a power pole. Eriksson told deputies he was deputy commissioner of the police department of a tiny transit agency in the San Gabriel Valley.

A few minutes after the crash, two men arrived, identified themselves as Homeland Security officers and spoke to Eriksson at length before leaving.

 

http://cbs2.com/topstories/local_story_121204400.html

 

if this guy was driving a Nissan Z or Mustang nothing would have happened to him like this, seems alot of public officials are taking advantage of this incident with the bad Ferrari guy to further their careers or get publicity for themselves.