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John Z. DeLorean, who founded the DeLorean Motor Company, was arrested on October 19th, 1982, on charges of drug trafficking. He reportedly tried to smuggle 25 kilos of cocaine worth $24 million.
DeLorean once worked at both Chrysler and General Motors, and he's actually responsible for the Pontiac GTO and Firebird. The car he's famous for, though, was the DeLorean DMC-12, which didn't enjoy much success given that it cost $25,000 (compared to $10,000 for the average car, and $18,000 for a fully equipped Corvette).
DeLorean's lawyers claimed the FBI had tricked their client, since they knew he would do just about anything to save his struggling company. He was found not guilty because of entrapment in August 1984.
DeLorean died from a stroke in March 2005 at the age of 80.
Source: Wikipedia
DeLorean once worked at both Chrysler and General Motors, and he's actually responsible for the Pontiac GTO and Firebird. The car he's famous for, though, was the DeLorean DMC-12, which didn't enjoy much success given that it cost $25,000 (compared to $10,000 for the average car, and $18,000 for a fully equipped Corvette).
DeLorean's lawyers claimed the FBI had tricked their client, since they knew he would do just about anything to save his struggling company. He was found not guilty because of entrapment in August 1984.
DeLorean died from a stroke in March 2005 at the age of 80.
Source: Wikipedia
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| Photo: Wikipedia |