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Julian Petroleum Corporation
Julian Petroleum Corporation (nicknamed "Julian Pete") was a Los Angeles based oil company. It collapsed in 1927 amid large-scale fraud, taking over $150 million from 40,000 investors. Background Julian Petroleum was started by Courtney Chauncey ("C.C.") Julian in 1923. C.C. Julian had been successful the previous year in drilling for oil in Santa Fe Springs, California. The company sought out investors with colorful advertising such as: "Widows and Orphans, This Is No Investment for You! ... My appeal is addressed to people who can legitimately afford to take a chance." However, the California Corporations Commission began investigating the company for fraudulent sales promotions. Downfall In 1925, C.C. Julian sold his interest in the company for $500,000 to Sheridan C. (S.C.) Lewis and Jacob Berman (alias Jack Bennett). The following year the company merged with California-Eastern Oil Company. An audit revealed the company had issued 4,200,000 unauthorized shares of stock ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Los Angeles
Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world's most populous megacities. Los Angeles is the commercial, financial, and cultural center of Southern California. With a population of roughly 3.9 million residents within the city limits , Los Angeles is known for its Mediterranean climate, ethnic and cultural diversity, being the home of the Hollywood film industry, and its sprawling metropolitan area. The city of Los Angeles lies in a basin in Southern California adjacent to the Pacific Ocean in the west and extending through the Santa Monica Mountains and north into the San Fernando Valley, with the city bordering the San Gabriel Valley to it's east. It covers about , and is the county seat of Los Angeles County, which is the most populous county in the United States with an estim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buron Fitts
Buron Rogers Fitts (March 22, 1895 – March 29, 1973) was the 29th lieutenant governor of California, from 1927 to 1928, and Los Angeles County district attorney thereafter until 1940. Early life Born in Belcherville, Texas, Fitts received his law degree in 1916 from the University of Southern California and while a student there worked as a clerk for attorney Earl Rogers. Fitts was a severely injured veteran of World War I whose base of political support lay in the American Legion organization of war veterans. He had been shot in the knee in the Battle of Argonne and limped for the rest of his life. Career He was appointed deputy district attorney for Los Angeles County in 1920 during the term of Thomas Lee Woolwine and chief deputy in 1924 under Asa Keyes. He was elected lieutenant governor in 1926 and served in the administration of Governor C.C. Young. Fitts's term as lieutenant governor was from January 4, 1927, to November 30, 1928. Governor Young appointed H. L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Crime
In criminology, corporate crime refers to crimes committed either by a corporation (i.e., a business entity having a separate legal personality from the natural persons that manage its activities), or by individuals acting on behalf of a corporation or other business entity (see vicarious liability and corporate liability). For the worst corporate crimes, corporations may face judicial dissolution, sometimes called the "corporate death penalty", which is a legal procedure in which a corporation is forced to dissolve or cease to exist. Some negative behaviours by corporations may not actually be criminal; laws vary between jurisdictions. For example, some jurisdictions allow insider trading. Corporate crime overlaps with: * white-collar crime, because the majority of individuals who may act as or represent the interests of the corporation are white-collar professionals; * organized crime, because criminals may set up corporations either for the purposes of crime or as vehicles f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Scandals
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability ass ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fraud In The United States
In law, fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law (e.g., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compensation) or criminal law (e.g., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities), or it may cause no loss of money, property, or legal right but still be an element of another civil or criminal wrong. The purpose of fraud may be monetary gain or other benefits, for example by obtaining a passport, travel document, or driver's license, or mortgage fraud, where the perpetrator may attempt to qualify for a mortgage by way of false statements. Internal fraud, also known as "insider fraud", is fraud committed or attempted by someone within an organisation such as an employee. A hoax is a distinct concept that involves deliberate deception without the intention of gain or of materially damaging or depriving a victi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai, China
Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowing through it. With a population of 24.89 million as of 2021, Shanghai is the most populous urban area in China with 39,300,000 inhabitants living in the Shanghai metropolitan area, the second most populous city proper in the world (after Chongqing) and the only city in East Asia with a GDP greater than its corresponding capital. Shanghai ranks second among the administrative divisions of Mainland China in human development index (after Beijing). As of 2018, the Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product ( nominal) of nearly 9.1 trillion RMB ($1.33 trillion), exceeding that of Mexico with GDP of $1.22 trillion, the 15th largest in the world. Shanghai is one of the world's major centers for f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oklahoma
Oklahoma (; Choctaw language, Choctaw: ; chr, ᎣᎧᎳᎰᎹ, ''Okalahoma'' ) is a U.S. state, state in the South Central United States, South Central region of the United States, bordered by Texas on the south and west, Kansas on the north, Missouri on the northeast, Arkansas on the east, New Mexico on the west, and Colorado on the northwest. Partially in the western extreme of the Upland South, it is the List of U.S. states and territories by area, 20th-most extensive and the List of U.S. states and territories by population, 28th-most populous of the 50 United States. Its residents are known as Oklahomans and its capital and largest city is Oklahoma City. The state's name is derived from the Choctaw language, Choctaw words , 'people' and , which translates as 'red'. Oklahoma is also known informally by its List of U.S. state and territory nicknames, nickname, "Sooners, The Sooner State", in reference to the settlers who staked their claims on land before the official op ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Los Angeles County
Los Angeles County, officially the County of Los Angeles, and sometimes abbreviated as L.A. County, is the most populous county in the United States and in the U.S. state of California, with 9,861,224 residents estimated as of 2022. It is the most populous non–state-level government entity in the United States. Its population is greater than that of 40 individual U.S. states. At and with 88 incorporated cities and many unincorporated areas, it is home to more than one-quarter of California residents and is one of the most ethnically diverse counties in the United States. Its county seat, Los Angeles, is also California's most populous city and the second-most populous city in the United States, with about 3.9 million residents. In recent times, statewide droughts in California have placed great strain on the County’s (and the City of Los Angeles's) water security. History Los Angeles County is one of the original counties of California, created at the time of stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Rolph
James "Sunny Jim" Rolph Jr. (August 23, 1869 – June 2, 1934) was an American politician. A member of the Republican Party, he was elected to a single term as the 27th governor of California from January 6, 1931, until his death on June 2, 1934, at the height of the Great Depression. Previously, Rolph had been the 30th mayor of San Francisco from January 8, 1912, until his resignation to become governor. Rolph remains the longest-serving mayor in San Francisco history. Life and career Rolph was born in San Francisco, the son of Margaret (Nicol) and James Rolph. He had four brothers and two sisters. After attending school in the Mission District, he went to work as an office boy in a commission house. He married Annie Marshall Reid (1872–1956) and had at least one son: James Rolph, III (1904-1980). Rolph entered the shipping business in 1900, by forming a partnership with George Hind. Over the next decade, he served as president of two banks, one of which he helped ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
California
California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territories of the United States by population, most populous U.S. state and the List of U.S. states and territories by area, 3rd largest by area. It is also the most populated Administrative division, subnational entity in North America and the 34th most populous in the world. The Greater Los Angeles area and the San Francisco Bay Area are the nation's second and fifth most populous Statistical area (United States), urban regions respectively, with the former having more than 18.7million residents and the latter having over 9.6million. Sacramento, California, Sacramento is the state's capital, while Los Angeles is the List of largest California cities by population, most populous city in the state and the List of United States cities by population, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asa Keyes
Asa Keyes (August 9, 1877 – October 18, 1934) was district attorney of Los Angeles County, California from June 1923 until 1928, when he was found guilty of accepting a bribe from the Julian Petroleum Company and was sentenced to five years' imprisonment. He was pardoned by Governor James Rolph in August 1933. Keyes was born August 9, 1877, in Wilmington, California, and attended the University of Southern California, after which he entered the district attorney's office. When Thomas L. Woolwine resigned in June 1923, Keyes stepped into his position. A year later Keyes called upon 87 department employees to resign, and he reappointed only 27 of them to form his new team. During 1924 he caused the average length of a felony trial to be cut from 130 to 51 days. When he died on October 18, 1934, he left his wife, Lillian, and two daughters, Elizabeth and Mrs. Fred McGuire. See also * Ku Klux Klan in Inglewood, California Ku Klux Klan activities in Inglewood, California, were hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Louis B
Louis may refer to: * Louis (coin) * Louis (given name), origin and several individuals with this name * Louis (surname) * Louis (singer), Serbian singer * HMS ''Louis'', two ships of the Royal Navy See also Derived or associated terms * Lewis (other) * Louie (other) * Luis (other) * Louise (other) * Louisville (other) * Louis Cruise Lines * Louis dressing, for salad * Louis Quinze, design style Associated names * * Chlodwig, the origin of the name Ludwig, which is translated to English as "Louis" * Ladislav and László - names sometimes erroneously associated with "Louis" * Ludovic, Ludwig, Ludwick Ludwick is a surname of German origin, and may refer to: * Andrew K. Ludwick (born 1946), American businessman *Christopher Ludwick (1720–1801), American baker * Eric Ludwick (born 1971), American baseball player * Robert Ludwick-Forster (born 19 ..., Ludwik, names sometimes translated to English as "Louis" {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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