Gizmondo Bo Says "No"

Car-lovin' sister site Jalopnik sends an update on the Gizmondo craziness. Former company honcho and Swedish gangster Fat Stefan Eriksson has rejected his plea deal. If Eriksson, whose real first name is "Bo," had accepted this deal and pleaded "no contest" to four counts, he would've been hit with a two year, four month sentence and a US $25,000 fine. There's more, including admitting previous felony conduct.

But, "Bo" said "no."

Now, the mafioso businessman is looking down an 11 year sentence for two counts of theft, two counts of embezzlement and two counts of driving under the influence.