Former Gizmondo exec's crashed $1m Ferrari Enzo
By Ryan Block 
posted February 22nd 2006 12:47PM
posted February 22nd 2006 12:47PM
We're already on the phone with our friends
at Merriam Webster to get the definition of poetic justice revised: Stefan Eriksson -- the former Gizmondo executive who stepped down amidst allegations of his
involvement in the Uppsala Mafia Swedish organized crime ring, and who perhaps most embodied the internal corruption of
Tiger Telematics -- no longer has his 2003 Ferrari Enzo, of which 399 were made, and each cost a million dollars. You
see, apparently while racing a Mercedes SLR the car careened off an embankment and hit a pole at about 125MPH, which
literally split the thing in two right down the center (don't worry, he lived to see this post). Without giggling too
much longer at the unbelievable irony of this incident, it's worth noting that some more deets have surfaced about just
how how much money Gizmondo hemorrhaged last year before filing for bankruptcy:
between January and September of 2005 Tiger Telematics lost £140m (about $244 million), up another 33m from the
$210 in the hole they were when
we reported on their operating
losses last year. So without getting too schadenfreude up in this piece, let's just say this post goes out to all
the disenfranchised Gizmondo owners and former employees of Tiger Telematics, and we'll leave it at that.[Thanks, Ryan, via Pocket-Lint]
stick to the X-BOX GAMES
Looks like a level in Burnout!
The passenger side air bag didn't deploy, and there's blood on the driver's side air bag. Wanna bet who's blood that is? Police will surely run a DNA test on that.
seems like the thing to do these days...
http://www.breitbart.com/news/2006/02/21/060221191034.ioutyve6.html
The actually made 400.
#10. As a former gizmondo employee i can safely say.
HAHAHAHAHA! Eat that you fat mother****er! That's what you get for making me redundant you corrupt son of a *****!!!!
can't wait for the movie about him! sometimes I wonder is there is such a thing as BAD KARMA since this guy kind of like prove it... damn too bad for the car. Ferrari should find better customers for their limited editions. at least he tore it half so they can't repair it!!! a Ferrari until the end!!! hahahahaha
check out http://www.wreckedexotics.com for in depth coverage and some wrecked Enzo history. I guess this is the third totally wrecked Enzo.
Karma is such a bitch...
I'm sure the rest of the scammers at Tiger Telematics, including Michael Carrender, a reported cult member, will get theirs too in due time.
http://tinyurl.com/fjhkp
"And Michael Carrender, an End Timer who first heard Meade's tapes as a student at Northwestern University, is the president of Consolidated Packaging Corp. of Jacksonville. In March, Harris Trust and Savings Bank of Chicago filed suit against Carrender's company, saying that $460,000 of employee contributions and $281,000 in matching company contributions had not been deposited as required under the terms of the company's employee savings plan."
Consolidated Packaging>Floor Decor>Tiger Telematics
#24 errr... a couple of years ago it was 1.4 dollars to the pound, the pound might have dropped a bit on the last few months its been kicking the dollars arse since day one :D
Maybe he was clinging on to the gizmondo tag line:
"I CAN DO ANYTHING"
Seems like there was a slight limitation
#22 - you'd call it a waste of good money.
I agree with the posters suggesting Stefan Eriksson should spend an eternity or two at a place well above room temperature. I'd also suggest removing his skin with sandpaper and rolling him in chili powder.
(A lot of people back in Uppsala/Sweden remember him less than fondly, and I'm sure a lot of those who invested in Gizmondo and Tiger Telematics do the same)
You know, that not the only enzo to be wrecked:
http://www.wreckedexotics.com/enzo/
Most of the pics here are of the ericisson guy's enzo. The interesting thing is, i heard the when Ferrari of Italy were contacted, they said they would fix the car for $300,000. I'm not sure if thats just a reduced cost for the bank or not...
I really appreciate your help.
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