(CBS) LOS ANGELES Bo Stefan Eriksson, the 44-year-old man who crashed his rare red Ferrari Enzo on the PCH in February, is expected to be arraigned Tuesday morning on nine criminal charges, including embezzlement, grand theft and DUI.

Eriksson, a former executive with the now-bankrupt video game company Gizmondo Europe, has been jailed since being arrested April 7.

Eriksson originally told police he was a passenger in the Ferrari, but acknowledged during an April 7 interview that he was driving at the time of the early morning crash, a sheriff's detective testified during a May 1 hearing.

Eriksson is also to be arraigned July 26 in a misdemeanor case involving an alleged Jan. 4 hit-and-run.

In that case, Eriksson is accused of being at the wheel of a Porsche Cayenne when it rear-ended a Ford Explorer stopped at a red light at Sunset and Beverly Glen boulevards. He is also accused of driving without a valid California driver's license and driving without insurance.