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John DeLorean is famous for three things: - his work on the Pontiac GTO in the 1960s
- the gull-wing sports car that he created in the early '80s (used as the time machine in the Back to the Future movies)
- his arrest for money laundering and drug trafficking.
The arrest was the result of a U.S. government sting operation. A 1986 trial showed that John DeLorean was a desperate man because of his car company's impending financial collapse, and, as such, wouldn't have committed a crime if he hadn't been enticed by federal agents. This was a violation of the guidelines
for federal sting operations, so DeLorean was acquitted of all charges. Unfortunately, his car company had already folded by 1983, and his name was sullied by the arrest. Since that time, John DeLorean has stayed out of the limelight. He has been married and divorced more than once, and he's currently a bachelor in his 70s. He's been entangled in about 40 legal cases stemming from his company's bankruptcy. He personally declared bankruptcy in September 1999 and was evicted from his 434-acre estate in New Jersey in March 2000, although he is reportedly still living somewhere in New Jersey. DeLorean's latest project is DeLorean Time. This company sells a high-end watch and has plans to sell new models of DeLorean sports cars in the future.
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