The Nation : DeLorean Pleads Innocent
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Former auto maker John Z. DeLorean pleaded not guilty before a federal magistrate in Detroit to a 15-count criminal indictment charging that he defrauded the investors in his defunct sports car company. DeLorean, 60, was released on a $1-million unsecured bond, and a trial date was set for Nov. 18 in federal court in Detroit. DeLorean was ordered to surrender his passport and report his whereabouts on a weekly basis until his trial begins.
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