Nov 7, 2006 6:40 pm US/Pacific
Man Tied To Ferrari Crash Gets 3 Years In Prison
LOS ANGELES (CBS) ―
A Swedish video game entrepreneur who wrecked a rare Ferrari by smashing it into a Malibu power pole at 162 miles an hour was sentenced to three years in state prison Tuesday in Los Angeles.
Bo Stefan Eriksson pleaded no contest to embezzling two other fancy cars and illegally possessing a gun.
Eriksson entered the pleas only four days after a Superior Court jury deadlocked in the case.
He entered pleas to two felony charges of embezzlement with the special allegation that the fraud exceeded $500,000. He also pleaded no contest to a charge of being a felon in possession of a firearm, a .357-magnum handgun that authorities say they found when they searched his Bel-Air home in March.
Eriksson served five years in prison in Sweden for fraud and other crimes.
Judge Patricia Schnegg ordered Eriksson to serve three-year prison terms for each count, but allowed them to run at the same time.
(© 2006 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)
