remember that ferrari crash in malibu
11-04-2006, 01:46 PM
#1
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remember that ferrari crash in malibu
http://news.yahoo.com/s/nm/20061103/...ime_ferrari_dc
LOS ANGELES (Reuters) - A Los Angeles judge declared a mistrial on Friday in the theft and embezzlement trial of a Swedish former videogame executive who made worldwide headlines by destroying a rare $1 million Ferrari in a spectacular Malibu crash.
Los Angeles Superior Court Judge Patricia Schnegg declared a mistrial in the case of 44-year-old Bo Stefan Eriksson after jurors, who had been deliberating for about a day, said they could not agree on verdicts.
"The jurors came back this morning and announced to the judge that they were hopelessly deadlocked on all counts, so she declared a mistrial," Los Angeles County District Attorney's spokeswoman Jane Robison said.
Robison said Eriksson, a former executive with now-bankrupt videogame company Gizmondo Europe, would face a new trial on the charges but that a date had not been set.
Eriksson was speeding at 160 mph (257 kph) on Pacific Coast Highway in the exclusive beach enclave Malibu in February when he smashed his $1 million Enzo Ferrari into a power pole, slicing the car in half. The crash and its resulting news coverage exposed Eriksson's high-flying life of big spending, million-dollar homes, fast cars and burned out businesses.
In October, Eriksson pleaded no contest to driving under the influence of alcohol.
The Swedish national, who declared bankruptcy with some $200 million in debt a month before the crash, initially told police he was a passenger in the car, which he said was being driven by a mysterious German known only as Dietrich.
Eriksson claimed Dietrich ran off into the Malibu hills after the crash, but later admitted that he had been driving and that the elusive German never existed.
Prosecutors say the Ferrari and three other of Eriksson's cars worth a total of $4 million were reported stolen by British banks because payments on a lease had ceased in 2005.
Defense attorneys conceded that Eriksson was behind on payments but contend the banks were aware of Eriksson's move to the United States.
Eriksson has prior convictions in Sweden for assault, forgery and fraud and served prison time there before joining Gizmondo in London.
LOS ANGELES (Reuters) - A Los Angeles judge declared a mistrial on Friday in the theft and embezzlement trial of a Swedish former videogame executive who made worldwide headlines by destroying a rare $1 million Ferrari in a spectacular Malibu crash.
Los Angeles Superior Court Judge Patricia Schnegg declared a mistrial in the case of 44-year-old Bo Stefan Eriksson after jurors, who had been deliberating for about a day, said they could not agree on verdicts.
"The jurors came back this morning and announced to the judge that they were hopelessly deadlocked on all counts, so she declared a mistrial," Los Angeles County District Attorney's spokeswoman Jane Robison said.
Robison said Eriksson, a former executive with now-bankrupt videogame company Gizmondo Europe, would face a new trial on the charges but that a date had not been set.
Eriksson was speeding at 160 mph (257 kph) on Pacific Coast Highway in the exclusive beach enclave Malibu in February when he smashed his $1 million Enzo Ferrari into a power pole, slicing the car in half. The crash and its resulting news coverage exposed Eriksson's high-flying life of big spending, million-dollar homes, fast cars and burned out businesses.
In October, Eriksson pleaded no contest to driving under the influence of alcohol.
The Swedish national, who declared bankruptcy with some $200 million in debt a month before the crash, initially told police he was a passenger in the car, which he said was being driven by a mysterious German known only as Dietrich.
Eriksson claimed Dietrich ran off into the Malibu hills after the crash, but later admitted that he had been driving and that the elusive German never existed.
Prosecutors say the Ferrari and three other of Eriksson's cars worth a total of $4 million were reported stolen by British banks because payments on a lease had ceased in 2005.
Defense attorneys conceded that Eriksson was behind on payments but contend the banks were aware of Eriksson's move to the United States.
Eriksson has prior convictions in Sweden for assault, forgery and fraud and served prison time there before joining Gizmondo in London.
11-06-2006, 04:08 PM
#10
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Originally Posted by Nick06tC
its amazing the trouble money can get you out of. Someone like me cant get out of a 65 in a 55 but he gets out of a 165 in a 55.
11-06-2006, 04:49 PM
#12
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Location: Tiverton, RI
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Originally Posted by hornet_on_the_flower
Originally Posted by nwscionman
my life is so boring...
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