Swedish man charged in LA Ferrari case

A Swedish former video game executive who destroyed a US$1 million ($1.62 million) Ferrari Enzo in a 260km/h crash was charged with stealing that Ferrari and another one plus a rare Mercedes worth a total of nearly US$4 million.

Bo Stefan Eriksson was charged in Los Angeles with nine counts including drunk driving, embezzlement, theft and possession of a firearm. If convicted he faces 14 years in prison.