This Day In History - John Z. DeLorean is arrested in $24 million cocaine deal

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John Z. DeLorean is arrested in $24 million cocaine deal - Oct 19, 1982 - HISTORY.com

On October 19, 1982, the automaker John Z. DeLorean is arrested and charged with conspiracy to obtain and distribute 55 pounds of cocaine. DeLorean was acquitted of the drug charges in August 1984, but his legal woes were only beginning. He soon went on trial for fraud and over the next two decades was forced to pay millions of dollars to creditors and lawyers. Nevertheless, DeLorean occupies an important place in automotive history: Thanks to its starring role in the 1985 film “Back to the Future,” his gull-wing sports car is one of the most famous cars in the world.

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