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. (gamesindustry.biz)