Other: Ex-Gizmondo exec arrested, faces grand theft charges

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Other: Ex-Gizmondo exec arrested, faces grand theft charges

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10-April-06, 03:44 PM

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NCXCStud

Apex Tech Fanatic Supreme

Other: Ex-Gizmondo exec arrested, faces grand theft charges

Dollars used to run a gaming company into the ground: $3 million
Dollars spent on Ferrari Enzo that was crashed into a pole: $1 million
Dollars spent on a 2005 Mercedes-Benz SLR McLauren, that was confiscated from you because your wife was caught without a license: $400,000

Finally getting arrested because you're an idiot with your funds: Priceless

Quote:

Originally Posted by Joystiq


	Former Gizmondo executive officer Stefan Eriksson has been arrested on grand theft charges and is being held without bail. Authorities allege that Eriksson doesn't own the Ferrari that was totaled in February and two other exotic cars, including the Mercedes that was confiscated last month and a second Ferrari that has also been seized. Eriksson has been charged for failing to make payments on the three vehicles, worth a combined $3.5 million, which were imported from the UK. Immigration authorities are also investigating Eriksson's visa status. Full story at Joystiq

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