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the malibu ferrari crash....

taken from yahoo.......
the saga goes on.....


http://news.yahoo.com/s/nm/20061103/tc_nm/crime_ferrari_dc

LOS ANGELES (Reuters) - A Los Angeles judge declared a mistrial on Friday in the theft and embezzlement trial of a Swedish former videogame executive who made worldwide headlines by destroying a rare $1 million Ferrari in a spectacular Malibu crash.
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Los Angeles Superior Court Judge Patricia Schnegg declared a mistrial in the case of 44-year-old Bo Stefan Eriksson after jurors, who had been deliberating for about a day, said they could not agree on verdicts.

"The jurors came back this morning and announced to the judge that they were hopelessly deadlocked on all counts, so she declared a mistrial," Los Angeles County District Attorney's spokeswoman Jane Robison said.

Robison said Eriksson, a former executive with now-bankrupt videogame company Gizmondo Europe, would face a new trial on the charges but that a date had not been set.

Eriksson was speeding at 160 mph (257 kph) on Pacific Coast Highway in the exclusive beach enclave Malibu in February when he smashed his $1 million Enzo Ferrari into a power pole, slicing the car in half. The crash and its resulting news coverage exposed Eriksson's high-flying life of big spending, million-dollar homes, fast cars and burned out businesses.

In October, Eriksson pleaded no contest to driving under the influence of alcohol.

The Swedish national, who declared bankruptcy with some $200 million in debt a month before the crash, initially told police he was a passenger in the car, which he said was being driven by a mysterious German known only as Dietrich.

Eriksson claimed Dietrich ran off into the Malibu hills after the crash, but later admitted that he had been driving and that the elusive German never existed.

Prosecutors say the Ferrari and three other of Eriksson's cars worth a total of $4 million were reported stolen by British banks because payments on a lease had ceased in 2005.

Defense attorneys conceded that Eriksson was behind on payments but contend the banks were aware of Eriksson's move to the United States.

Eriksson has prior convictions in Sweden for assault, forgery and fraud and served prison time there before joining Gizmondo in London.

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Old 11-04-2006, 05:20 AM
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He may be a bankrupt, but it seems he can afford a damned good lawyer...
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Old 11-04-2006, 07:33 AM
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So what happens now. With a mistrial, are you free to go if they decide not to retry you??
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Old 11-04-2006, 08:49 AM
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Maybe he paid off some jurors?? The guy has such a shady, dirty past... he is totally guilty of everything.
Old 11-04-2006, 10:50 AM
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I'm sure he's "bankrupt" on paper only with untold millions in offshore accounts or under other peoples' names. At least until this is all over.

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Old 11-04-2006, 11:56 AM
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