Ferrari Swede: British bank demands money
AFP - [email protected]
Published: 27 Feb, 2007 CET.
Updated: Tue 27 Feb 2007 22:05 CET
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.
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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.
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