European Stars and Stripes (Newspaper) - September 22, 1985, Darmstadt, Hesse                                Sunday september 22, 1985 the stars and stripes Page 5 de Lorean indicted automobile maker charged with mail fraud racketeering Detroit a Auto entrepreneur John z. Do Lorean who has weathered the failure of his sports car company a cocaine conspiracy trial and divorce from his fashion Model wife was charged Friday with defrauding investors of $8.9 million. A Federal grand jury in Detroit return cd a 15-Coiint indictment against the 60-year-old Silv Vired business Man charging him with racketeering am. Other Federal crimes involving mail fraud wire fraud  transportation of stolen Money income tax evasion and causing false tax returns to be filed. I Don t know anything about anything on this de Lorean said when reached at his new York City apart ment. He referred inquiries to Howard Citzman his attorney and counsel in the drug Case. He s discouraged. He s concerned and he feels some what harassed Wilzman said. He said do Lorean was optimistic that he will defeat the new charges much the same Way he did in California where de Lorean was acquitted last year of cocaine trafficking charges. Arraignment was set for sept. 27. Federal officials did t request an arrest warrant. The maximum penalty for racketeering is 20 years in prison $25,000 fines and forfeiture of any properly acquired or maintained in the Enterprise. The other charges carry lesser sentences. The government says the crimes began in october 1978 and stemmed from the financial management of the col lapsed do Lorean motor co. Which produced racy Gull it in cd stainless steel sports cars at a Northern Ireland Plant. The former general motors corp. Executive who Al ready has announced plans to begin a new sports car company is charged with transferring $8.9 million from Pierson Bank in Amsterdam Netherlands to his personal account at Citibank in new York. The indictment says the Money initially was funny cd from de Lorean research limited partnership which raised $18.7 million to develop the cars to a panamanian corporation god services inc., and from there into Var ious european Banks including Pierson. Do Lorean was charged in the indictment with using $7.5 million of the Money to repay Loans he had personally guaranteed for the Purchase of Logan manufacturing co. A manufacturer of Snow equipment in Logan Utah. The indictment said de Lorean used other Money to pay off an $875,000 personal loan at Citibank transferred $71,000 to his account at Community National Bank in Pontiac mich., for personal expenditures bought $435,000 in Citibank commercial paper which was re invested and ultimately spent for personal use and spent $28,000 on jewelry bought from Cit Gold inc. Of new York. Do Lorean motor filed for Protection from creditors lawsuits under chapter 11 of the Federal bankruptcy act in 1982 and the Case was later converted to liquidation under chapter 7 of the act. Subsequently trustees for do Lorean motor co. Brought suit against former company officials for $200 million saying they diverted More than $26 million from the company for do Lorcan s use or their own use. At the very time do Lorean was seeking financial Back ing to save his company Federal authorities in los Angeles charged that he conspired to distribute cocaine. The government s Case was buoyed by widely publicized videotapes of do Lorcan calling a suitcase full of cocaine Good As Gold and using alleged drug code words in a hotel room. De Lorean was acquitted last year and a month later he separated from his wife of 11 years television show Host and former Model Cristina Ferrare. She married Abc television executive Anthony Thomopoulos after her divorce became final in april. When de Lorcan left his position at pm his avowed purpose was to teach Detroit How to build cars. He spoke of building an ethical car which could last forever. The de Lorcan motorcar began rolling off Assem Bly lines in Belfast in 1980, with $200 million in backing from the British government. Charlie two shoes gets approval to stay in . Washington a a chinese Fanner befriended after world War ii by . Marines who nicknamed him Charlie two shoes will be allowed to stay in the United states indefinitely. The immigration and naturalization service has dropped deportation proceed Ings against the chinese National whose real name is Cui Zhixi. His wife and two children also will be allowed to come from China and join him attorney general Edwin Meese Iii said in a news release. It is very Likely that both he and his family will be allowed to stay Here indefinitely said ins commissioner Alan c. Nelson. Mccase cited humanitarian grounds for the government s decision noting that Charlie two shoes who has remained in the United slates since arriving on May 10, 1983, Means a great Deal to the Marine pals he came to visit. They feel strongly that he should be allowed to remain Here and he is anxious to stay Meese said. The Case gained National attention when the deportation order against Cui was made Public. Charlie two shoes was adopted 40 Yean ago by marines stationed near his Village in Northeast China after world War Sands of time ii. They provided for his education and came up with the nickname because they could t pronounce his name. The marines left in 1948, before communist troops moved in. Years later with the restoration of diplomatic relations Between the United states and China Cui contacted his old Marine friends and his visit was arranged. He stayed with the Roy Sibil family in Tallmadge Ohio for several months until ins officials told him his tourist visa was up and he would have to return to his Home land. Sibil who had obtained visa Oxten tons for Cui and had tried to arrange for his family to come to the United states was unable to persuade the government to change ils Mino. Cui 50, was Given a Jan. 14, 1985, dead line logo Home or face deportation proceed Ings. The ins said at the time that it had already granted two visa extensions and regular channels offered Cui no further re course. An immigration judge eventually ordered him deported last May 22, giving him 120 Days to leave the country. An ins Exten Sion to oct. 10 was in effect until Friday s action which defers the deportation indefinitely officials said. New commune leaders Swami David confers with a prom Laasya during the Bhagwan Shree Raj Hecsh s news conference in Raunec Shpur ram. I Lassa has been named to replace a former Leader who kit the Oregon com Mune under suspicious circumstances. In the stars and stripes 40 years ago today. Sept. 22. 1945 Gen. Macarthur proclaimed i Tokyo that Japan never again would be a world Power. 30 years ago foday. Sept. 22. 1955 insurgent forces set up a new government in Argentina under Gen. Eduardo Lonardi and ended the blockade of Buenos Aires and All other Argen Tine ports. 20 years ago foday. Sept. 22, 1965 radio peking announced that India dismantled its military structures on the chinese Side of the sino Sikkim Border As demanded by red China and retreated to the Sikkim Side. Agents arrest 21, seize 25/000 watches 10 years ago foday. Sept. 22, 1975 police and Federal agents seized scores of documents dealing with activities of iwo terror isl groups in the san Francisco Bay area at the former hide out of William and Emily Harris. Miami a Federal agents have arrested 21 peo ple and confiscated 25,000 watches in what Law enforce ment officials have called the largest seizure of counterfeit watches in the nation. The secret service and the customs service participated in the three month investigation dubbed operation Stopwatch. We Hope Wilh this operation we have sent a message that we intend to enforce the Law and we Hope. We will make a significant Dent in counterfeit sales said . Attorney Leon b. Kill nor. The confiscation dwarfed previous seizures in which arrests were made Kellner said adding that a Check with other jurisdictions showed the next largest Case involved Only about 300 counterfeit watches. Kellner said 17 individuals and five companies named in eight Federal indictments unsealed Friday operated nation wide and imported unstamped watches from overseas chiefly Hong Kong. Four More people were arrested in addition to those named in the wednesday indictments said Kellner. He was unable to explain the additional arrests. Among the counterfeited name brands were Cartier rolex Gucci Piaget Baume & Mercier Concord co ruin Louis Vuitton pack Philippe and Swatch. Sales of the phony watches amount to tens of millions of dollars annually said sol flick chairman of the american watch association Ami counterfeiting task Force. Don Gallier chief executive officer of Swatch watch Usa inc., estimated 10,000 counterfeit Swatch timepieces Are imported each Day while his company sold about 11,000 legitimate watches daily in 1984. Rolex watch Usa inc. Executive vice president Rene m. Girod played Down the effect the Sale of $150 imitations would have on real rolex watches valued from $1,000 to $10,000. However he said cheap imitations Are damaging to the prestige of Many Fine  Federal Law enforcement officials said operation Stop Walch was aimed at wholesale dealers rather than Small time retailers. We were not going after the guv in the Trench coat with an armful of watches said Ronala j. Szego special agent in charge for the secret service. Szego said undercover agents made numerous bulk Pur chases Over three months from those charged. Most of the watches probably were imported legally Wilh the phony names imprinted in the United slates Szego said. He said no such stamping operations were uncovered in the investigation