Update 4: Businessman Pleads Not Guilty in LA Crash

[WhiteTara]

http://www.forbes.com/home/feeds/ap/2006/04/18/ap2676301.html
The mystery behind the high-speed crash of a rare Ferrari on a coastal highway continued to take new twists and turns as prosecutors filed embezzlement, grand theft, drunken driving and weapons charges against a Swedish businessman.

Bo Stefan M. Eriksson, 44, a former executive with the European video game company Gizmondo, pleaded not guilty through his attorneys and was ordered held on $5.5 million bail.

snip

They charged Eriksson with three counts each of embezzlement and grand theft for allegedly bringing two Enzos and a Mercedes McLaren SLR - altogether worth an estimated $3.8 million - into the United States even though he had only leased them from British financial institutions.

The lease contract prohibited him from taking the vehicles out of Great Britain, said Deputy District Attorney Steven Sowders.

During a search of Eriksson's house in Bel-Air, authorities said they discovered a .357-caliber handgun, which was illegal because he had been convicted of drug, assault, fraud and other charges in Sweden between 1988 and 1994. He was charged with one felony count of gun possession and two misdemeanor drunken driving charges.

another person too rich to have to follow the rules. But today, he's wearing a fashionable orange jumpsuit.

[tatertop]

1. That is one busy boy

[ucmike]

2. was this the incident where "homeland security" showed up

at the scene?

[WhiteTara]

3. yep, the very one. n/t