Los Angeles – A Swedish video-game entrepreneur who wrecked a rare Ferrari by smashing it into a Malibu power pole at 162 mph was sentenced to three years in prison Tuesday after he pleaded no contest to embezzling two other fancy cars and illegally possessing a gun.
Bo Stefan Eriksson, 44, entered the pleas four days after a jury deadlocked in his trial, closing a case that gained international notoriety after the spectacular Pacific Coast Highway crash.
Eriksson entered the pleas to two felony charges of embezzlement with the special allegation that the fraud exceeded $500,000. He also pleaded no contest to being a felon in possession of a firearm – a .357-caliber Magnum handgun found in a search of his Bel-Air mansion in March.
He spent five years in a Swedish prison in the 1990s for assault, extortion and other crimes.
Eriksson previously pleaded no contest to a drunken-driving charge in the Feb. 21 crash that split in two a rare Ferrari Enzo valued at $1.5 million.
Prosecutors said Eriksson will face deportation after he completes his sentence and will not be allowed to return to the United States.
His mansion, valued at up to $5.2 million, will be sold to help pay restitution and fines.
