DeLorean Scandal
From 1978 until his death, Chapman was involved with the American tycoon, John DeLorean, in his development of a stainless steel sports car, to be built in a factory funded by the British government. Approximately £10 million of British taxpayers money, equivalent to £40 million in 2010, went missing.
Chapman died before the full deceit unravelled but, at the subsequent trial of Fred Bushell, the Lotus accountant, the judge insisted that, had Chapman himself been in the dock, he would have received a sentence "of at least 10 years".
Read more about this topic: Colin Chapman
Famous quotes containing the word scandal:
“The day the world ends, no one will be there, just as no one was there when it began. This is a scandal. Such a scandal for the human race that it is indeed capable collectively, out of spite, of hastening the end of the world by all means just so it can enjoy the show.”
—Jean Baudrillard (b. 1929)