Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Ferrari Swede: British bank demands money

Share this article

22:05 CET+01:00
A British bank is asking Los Angeles Superior Court to enforce more than $1.3 million in civil judgments against an imprisoned Swede who wrecked a rare Ferrari Enzo after speeding at more than 160 mph in Malibu.

Capital Bank of Chester, England, alleges that Stefan Eriksson, 44, failed to pay back a loan for the Ferrari and another for a Mercedes-Benz McLaren SLR purchased by Eriksson's former company, Gizmondo Europe Ltd.

Eriksson was sentenced in November to three years in prison after pleading no contest to embezzlement and being a felon with a firearm.

He is serving a concurrent six-month jail term after pleading no contest in October to a misdemeanor charge of drunken driving.

Get notified about breaking news on The Local

Share this article

From our sponsors

The ‘fairytale' boarding school nestled in a Swedish village

The words ‘boarding' and ‘school' often summon images of strict teachers, drab dormitories and downcast children. That image couldn't be further from reality at Sigtunaskolan Humanistiska Läroverket (SSHL), where boarders describe the ‘fairytale' school as a home away from home.