Entrepreneur involved in Enzo Ferrari crash arrested - Apr 10, 2006

"The Swedish video game entrepreneur involved in the 162-mph crash of a rare Ferrari has been arrested on suspicion of grand theft, officials said.

Detectives concluded that the wrecked Enzo Ferrari -- one of only 400 made -- along with a Mercedes and another Enzo Ferrari in Stefan Eriksson's collection were actually owned by British financial institutions, said sheriff's spokesman Steve Whitmore.

Eriksson apparently brought the cars to Los Angeles when he moved from Britain last year, but the financial institutions that held the titles said his payments had lapsed.

Authorities have said the $600,000 Mercedes had been reported to London's Scotland Yard. The Ferrari was worth more than $1 million."