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March 14, 2010

Flashback. Walking up 9th Avenue this evening, what do I see coming at me down 51st Street?


Well, not actually that particular DeLorean, but a DeLorean nonetheless.  And what leaps to my mind when I think of DeLoreans?  Not Back to the Future, although I guess that would be reasonable.

What leaps to my formed-in-1982 mind is: COCAINE!!

I don’t really have a good recollection of what John DeLorean’s cocaine issue was, but it has certainly stuck with me. By the way, there appear to be lots of DeLoreans available, both on eBay and “newly built”. But fear not, I have no doubt that the one I saw was an original.

Anyway, here you go, Cocaine:

4 Comments leave one →
  1. JCo permalink
    March 15, 2010 10:04 am

    Evidently, Mr. DeLorean was entrapped:
    In the summer of 1982, DeLorean received a phone call from James Hoffman, a former drug smuggler turned FBI informant. DeLorean met with Hoffman on July 11, 1982, to discuss an investment opportunity to help save his company. Over the course of the next three months, Hoffman slowly explained his intricate plan involving cocaine smugglers, a bank for laundering money, and the specifics of how much money DeLorean would be required to front to procure the deal. DeLorean went along with these discussions, planning to trade DMC stock for the seed money for any deal that would benefit the company, but leaving the drug-smuggler investors with stock in a company completely controlled by the British government. On October 19, before going to meet the investors to consummate the deal, DeLorean wrote a letter to his attorney and sealed it, with instructions to open it only if he did not return. The letter explained the situation he was in and his fear for his family’s safety if he tried to back out of the deal. On October 19, 1982, DeLorean was charged with trafficking in cocaine by the U.S. government.

    DeLorean successfully defended himself with a procedural defense, arguing that the police had asked him to supply the money to buy the cocaine. His attorney stated in Time (March 19, 1984), “This [was] a fictitious crime. Without the government, there would be no crime.” The DeLorean defense team did not call any witnesses. DeLorean was found not guilty due to entrapment on August 16, 1984.

  2. Fat Al permalink*
    March 15, 2010 10:12 am

    Likely story.

    Hey, there was apparently an IRA link, who knew?,3708219

  3. gaining an iGB Affiliate Honor is now real award of a specific or brands contribution to the industry. Thrown by iGB Affiliate (organisers of the iGaming Affiliate series of events and authors of iGB Associate Publication) permalink
    May 10, 2013 12:00 pm

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  4. May 3, 2015 9:27 am

    Thanks for your article

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