• 14 years of prison for Eriksson from the Ferrari Enzo crash?

    Steffan Eriksson charging
Los Angeles prosecutors filed embezzlement, grand theft, drunk driving and weapons charges Monday against a former European video game executive, whose involvement in the crash of a rare Ferrari Enzo in Malibu two months ago has mushroomed into a case filled with international intrigue.

The charges, more extensive than prosecutors had suggested last week, come as officials with Scotland Yard and U.S. Immigration and Customs Enforcement continue to investigate the case, which involves the Swedish underworld, fake Homeland Security officials and an exotic car collection.

If convicted on all counts, Bo Stefan M. Eriksson, 44, would face up to 14 years in prison. He pleaded not guilty through his attorney, who described the charges as "overblown."

Eriksson, dressed in an orange jail uniform, appeared in a downtown Los Angeles courtroom packed with journalists from around the world.

His attorneys protested that the $5.5-million bail set by Judge Mary Strobel was excessive. Prosecutors sought the high amount because they said detectives searching his Bel-Air estate April 8 found an airline ticket in Eriksson’s name that would have him depart to London two days later.

Eriksson arrived in Los Angeles sometime last year, moving into the posh Bel-Air Crest section of Los Angeles with his wife and young son. Eriksson had been an executive with Gizmondo, a London-based video game company that filed for bankruptcy earlier this year with more than $200 million in debt. The finances of that company are now under investigation.

According to Swedish police records contained in the prosecutors’ court filing, Eriksson in the late 1980s and early ’90s was involved in counterfeiting, assault and drug crimes tied to a Swedish underworld group in Uppsala, a city 50 miles north of Stockholm. He was sentenced to prison three separate times, according to the records.

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