Ferrari Swede: British bank demands money
AFP · 27 Feb 2007, 22:05
Published: 27 Feb 2007 22:05 GMT+01:00
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.