In February, a $1 million Ferrari Enzo crashed doing 160 MPH on Pacific Coast Highway in Malibu. Surprisingly enough, the driver of the car survived the crash. From there the story turns into a mix of anti-terrorism agents, imported stolen cars, counterfeiting of Swedish currency, and a huge stock pump and dump scheme. It turns out that the driver, Stefan Eriksson, and his circle of friends milked millions from Gizmondo.com and may be a part of a Swedish organized crime ring. Eriksson was finally arrested last night in his Bel-Air home. Riveting story, reminds me of a less successful con man I once knew.

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