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what happened to the delorean motor company?



Criminal prosecution of the owner because he decided that running cocaine was the best way to finance his company.


He was set up. He successfully argued entrapment, and was acquitted:

https://en.wikipedia.org/wiki/John_DeLorean


I said prosecution, not conviction.

He was entrapped, but he certainly said yes to bankrolling a cocaine smuggling operation, there's a recording of that event. While that was enough to escape conviction, it still cost him money and reputation at a time when he couldn’t afford it.


Asking for a friend, so you're saying this is a bad way to finance a company?




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