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Donald Anthony Walker Young
Donald Anthony Walker Young, who is known as Tony Young or Walker Young, was the owner of Acorn Investments and Acorn II L.P.. He was indicted, pleaded guilty and was sentenced for running a $25 million Ponzi scheme. Young was raised in Fitzgerald, Georgia. He used a fabricated life story to work his way into the Atlanta and then the Chester County, Pennsylvania, polo scene, where he met many of his victims. Before being shaken and ultimately brought down by a $20 million withdrawal of funds in 2008, prior to his indictment, Young also acquired vacation homes in Northeast Harbor, Maine and Palm Beach, Florida and encountered prospective and ultimate victims in these locales as well. He pleaded guilty in July, 2010, to mail fraud and money laundering. In May, 2011, he was sentenced to years in prison. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offering ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ponzi Scheme
A Ponzi scheme (, ) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. Named after Italian businessman Charles Ponzi, the scheme leads victims to believe that profits are coming from legitimate business activity (e.g., product sales or successful investments), and they remain unaware that other investors are the source of funds. A Ponzi scheme can maintain the illusion of a sustainable business as long as new investors contribute new funds, and as long as most of the investors do not demand full repayment and still believe in the non-existent assets they are purported to own. Some of the first recorded incidents to meet the modern definition of the Ponzi scheme were carried out from 1869 to 1872 by Adele Spitzeder in Germany and by Sarah Howe in the United States in the 1880s through the "Ladies' Deposit". Howe offered a solely female clientele an 8% monthly interest rate and then stole the money that the women ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fitzgerald, Georgia
Fitzgerald is a city in and the county seat of Ben Hill County, Georgia, Ben Hill County in the south central portion of the U.S. state of Georgia (U.S. state), Georgia. As of the 2010 United States Census, 2010 census, it had a population of 9,053. It is the principal city of the Fitzgerald Fitzgerald micropolitan area, Micropolitan Statistical Area, which includes all of Ben Hill and Irwin County, Georgia, Irwin counties. History Fitzgerald was developed in 1895 by Philander H. Fitzgerald, an Indianapolis newspaper editor. A former drummer boy (military), drummer boy in the Union Army during the Civil War, he founded it as a community for American Civil War, war veterans – both from the Union and from the Confederacy. The majority of the first citizens (some 2700) were Union veterans. It was incorporated on December 2, 1896. The town is located less than from the site where Confederate president Jefferson Davis was captured on May 10, 1865. Fitzgerald was an early planned cit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atlanta
Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,715 living within the city limits, it is the eighth most populous city in the Southeast and 38th most populous city in the United States according to the 2020 U.S. census. It is the core of the much larger Atlanta metropolitan area, which is home to more than 6.1 million people, making it the eighth-largest metropolitan area in the United States. Situated among the foothills of the Appalachian Mountains at an elevation of just over above sea level, it features unique topography that includes rolling hills, lush greenery, and the most dense urban tree coverage of any major city in the United States. Atlanta was originally founded as the terminus of a major state-sponsored railroad, but it soon became the convergence point among several rai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chester County, Pennsylvania
Chester County (Pennsylvania Dutch language, Pennsylvania Dutch: ''Tscheschter Kaundi''), colloquially known as Chesco, is a County (United States), county in the Commonwealth (U.S. state), Commonwealth of Pennsylvania. It is located in the Delaware Valley region of the state. As of the 2020 United States census, 2020 census, the population was 534,413, increasing by 7.1% from 498,886 in 2010 United States census, 2010. The county seat and most populated municipality is West Chester, Pennsylvania, West Chester. Chester County was one of the three original Pennsylvania counties created by William Penn in 1682. It was named for Chester, England. Chester County is part of the Philadelphia-Camden, New Jersey, Camden-Wilmington, Delaware, Wilmington, PA-New Jersey, NJ-Delaware, DE-Maryland, MD Delaware Valley, Metropolitan Statistical Area. Eastern Chester County is home to many communities that comprise part of the Philadelphia Main Line western suburbs outside of Philadelphia, whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Polo
Polo is a ball game played on horseback, a traditional field sport and one of the world's oldest known team sports. The game is played by two opposing teams with the objective of scoring using a long-handled wooden mallet to hit a small hard ball through the opposing team's goal. Each team has four mounted riders, and the game usually lasts one to two hours, divided into periods called ''chukkas'' or "''chukkers''". Polo has been called "the sport of kings", and has become a spectator sport for equestrians and high society, often supported by sponsorship. The progenitor of the game and its variants existed from the to the as equestrian games played by nomadic Iranian and Turkic peoples. In Persia, where the sport evolved and developed, it was at first a training game for cavalry units, usually the royal guard or other elite troops. A notable example is Saladin, who was known for being a skilled polo player which contributed to his cavalry training. It is now popular around ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northeast Harbor, Maine
Northeast Harbor is a village on Mount Desert Island, located in the town of Mount Desert in Hancock County, Maine, United States. The original settlers, the Someses and Richardsons, arrived around 1761. The village has a significant summer population, and has long been a quiet enclave of the rich and famous. Summer residents include the Rockefeller family. The village was once so popular as a summer resort among Philadelphians, including members of the Clark banking family, that it was sometimes known as "Philadelphia on the rocks". The westerly entrance to the village is home to the Asticou Inn, the Asticou Azalea Garden, and Thuya Garden. The Inn was built by Augustus Chase ("A.C.") Savage (1832–1911), grandson of Glaswegian John C. Savage (1756–1816), who moved to the United States in 1770 and to Northeast Harbor in 1792. In December 1966, a fire destroyed Wallace's Esso Garage, the Pastime Theater, the Hillcrest Market, and Mrs. Flye’s Sandwich Shop. Main Stre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Palm Beach, Florida
Palm Beach is an incorporated town in Palm Beach County, Florida. Located on a barrier island in east-central Palm Beach County, the town is separated from several nearby cities including West Palm Beach and Lake Worth Beach by the Intracoastal Waterway to its west, though Palm Beach borders a small section of the latter and South Palm Beach at its southern boundaries. As of the 2020 census, Palm Beach had a year-round population of 9,245, an increase from 8,348 people in the 2010 census. Further, around 25,000 people reside in the town between November and April. The Jaega arrived on the modern-day island of Palm Beach approximately 3,000 years ago. Later, white settlers reached the area as early as 1872, and opened a post office about five years later. Elisha Newton "Cap" Dimick, later the town's first mayor, established Palm Beach's first hotel, the Cocoanut Grove House, in 1880, but Standard Oil tycoon Henry Flagler became instrumental in transforming t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Ponzi Schemes
This is a list of Ponzi schemes, fraudulent investment operations that pay out returns to investors from money paid in by subsequent investors rather than from any actual profit earned from the operation of a business. Historical examples 19th century 1860s * Jacob Young, William Abrams, and Nancy Clem ran what author Wendy Gamber argues, in her book ''The Notorious Mrs. Clem: Murder and Money in the Gilded Age'', was the first-ever Ponzi scheme. * In Munich, Germany, Adele Spitzeder founded the "Spitzedersche Privatbank" in 1869, promising an interest rate of 10 percent per month. By the time the scheme collapsed in 1872 it had become the largest case of fraud in 19th-century Bavaria. 1870s * Johann Baptist Placht ran a Ponzi scheme in Vienna from 1872 to 1873, claiming to invest in the stock market. *Fraudster Sarah Howe opened a savings bank called ''Ladies' Deposit Company'' in 1878 meant to target unmarried women. She claimed that the bank worked in conjunction with a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pyramid And Ponzi Schemes
A pyramid (from el, πυραμίς ') is a structure whose outer surfaces are triangular and converge to a single step at the top, making the shape roughly a pyramid in the geometric sense. The base of a pyramid can be trilateral, quadrilateral, or of any polygon shape. As such, a pyramid has at least three outer triangular surfaces (at least four faces including the base). The square pyramid, with a square base and four triangular outer surfaces, is a common version. A pyramid's design, with the majority of the weight closer to the ground and with the pyramidion at the apex, means that less material higher up on the pyramid will be pushing down from above. This distribution of weight allowed early civilizations to create stable monumental structures. Civilizations in many parts of the world have built pyramids. The largest pyramid by volume is the Great Pyramid of Cholula, in the Mexican state of Puebla. For thousands of years, the largest structures on Earth were pyramids ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People From Fitzgerald, Georgia
A person ( : people) is a being that has certain capacities or attributes such as reason, morality, consciousness or self-consciousness, and being a part of a culturally established form of social relations such as kinship, ownership of property, or legal responsibility. The defining features of personhood and, consequently, what makes a person count as a person, differ widely among cultures and contexts. In addition to the question of personhood, of what makes a being count as a person to begin with, there are further questions about personal identity and self: both about what makes any particular person that particular person instead of another, and about what makes a person at one time the same person as they were or will be at another time despite any intervening changes. The plural form "people" is often used to refer to an entire nation or ethnic group (as in "a people"), and this was the original meaning of the word; it subsequently acquired its use as a plural form of per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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