Former Gizmondo exec gets jail time

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Former Gizmondo exec gets jail time

Bo Stefan Eriksson, the one-time Swedish gangster who co-founded the ill-fated Gizmondo handheld gaming startup, has been sentenced to three and a half years in jail in California.

Eriksson pleaded guilty to embezzlement and drunken driving, charges relating to a widely reported incident in which he crashed and wrote off a rare – and very expensive – Ferrari Enzo.

Read the complete story here. (