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"Perpetual Motion DeLorean" Scammers Face $26M Judgment

January 30th, 2010 01:18 admin Leave a comment Go to comments

An anonymous reader writes “Back in 2002, we discussed a story about the so-called ‘Perpetual Motion DeLorean,’ which could ‘supposedly go “hundreds of miles” at speeds over 100MPH without stopping to recharge.’ More than seven years later, the final shoe has dropped on this saga, with a $26 million judgment against Carl Tilley and his wife, who propagated this scam that ran for several years. Probably the height of its audacity was when Tilley told his shareholders in May of 2002 that GE had offered $2 billion ‘sight unseen’ to buy out the technology.”

Source: "Perpetual Motion DeLorean" Scammers Face $26M Judgment

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