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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.




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