Elizabeth Carmichael, a trailblazing transgender woman, left an indelible mark on the business world with her ambitious endeavors, most notably her crusade to revolutionize the automotive industry with the development of a revolutionary, three-wheeled vehicle known as The Dale. However, her legacy is also marred by a notorious scandal, as she was later convicted of fraud.
During the tumultuous 1970s energy crisis, Carmichael gained widespread attention for her innovative prototype of a low-cost, fuel-efficient car, which she touted as a game-changer for the transportation sector. She founded Twentieth Century Motor Car Corporation, a company that aimed to bring this groundbreaking technology to the masses. Despite her initial success in generating significant investor interest, Carmichael ultimately absconded with the funds intended for the project's development.
Her fraudulent activities eventually caught up with her, and she was apprehended in 1989. Carmichael was subsequently sentenced to 18 months in prison for her crimes, a stark contrast to her earlier promises of a bright future for her company and its investors.
