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Michael I. Monus
Michael I. "Mickey" Monus (born 1947) is the former president of Phar-Mor, Inc., founder of the World Basketball League and was an original owner of the Colorado Rockies, a Major League Baseball expansion team. Phar-Mor was a deep-discount drug and grocery retail chain that established a strong national presence before declaring bankruptcy in the early 1990s. Accused of perpetrating an embezzlement scheme behind one of the largest corporate frauds in US history, Monus was fired from the company and faced criminal charges. He was born in Youngstown, Ohio, which is where Phar-Mor was headquartered. Early years Monus was born into a prominent family on the north side of Youngstown, Ohio. His father, Nathan H. Monus (1921–2016), was a prominent businessman and the estranged younger brother of Mike Monus and Al B. Monus (1918–?). Mickey's mother, Frances Tamarkin Monus, was a housewife. Mickey attended the Rayen School and University School, a boys preparatory school in Shaker Hei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phar-Mor
Phar-Mor (stylized as PHA℞-MOR) was a United States chain of discount drug stores, based in Youngstown, Ohio, and founded by Michael "Mickey" Monus and David Shapira in 1982. Some of its stores used the names Pharmhouse and Rx Place (purchased in the mid-1990s from the F.W. Woolworth Company). Low prices were advertised to bring in a large volume of sales with the slogans "Phar-Mor power buying gives you Phar-Mor buying power" and "Phar-Mor For Less." Another common slogan in their TV commercials was "Power buying saves: Save at Phar-Mor." In 1996, the Green Bay, Wisconsin-based regional discount store chain ShopKo announced a plan to merge with Phar-Mor, but withdrew from the plan a year later, citing irreconcilable differences. Business model Phar-Mor's business model was based on selling a large quantity of merchandise with a very small profit margin. Many products were shipped via direct store delivery, but some were shipped through Tamco warehouses, which Phar-Mor la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Giant Eagle
Giant Eagle, Inc. (Western Pennsylvania English: ) and stylized as giant eagle) is an American supermarket chain with stores in Pennsylvania, Ohio, West Virginia, Indiana, and Maryland. The company was founded in 1918 in Pittsburgh, Pennsylvania, and incorporated on August 31, 1931. ''Supermarket News'' ranked Giant Eagle 21st on the "Top 75 North American Food Retailers" based on sales of $11 billion. In 2021, it was the 36th-largest privately held company, as determined by Forbes. Based on 2005 revenue, Giant Eagle is the 49th-largest retailer in the United States. As of Summer 2014, the company had approximately $9.9 billion in annual sales. As of Summer 2022, Giant Eagle, Inc. had 490 stores across the portfolio. 216 supermarkets (Giant Eagle, Giant Eagle Express, Market District, Market District Express) and 274 fuel station/convenience stores under the GetGo banner. The company is headquartered in an office park in the Pittsburgh suburb of O'Hara Township. History A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fence (criminal)
A fence, also known as a receiver, mover, or moving man, is an individual who knowingly buys stolen goods in order to later resell them for profit. The fence acts as a middleman between thieves and the eventual buyers of stolen goods who may not be aware that the goods are stolen. As a verb (e.g. "''to fence'' stolen goods"), the word describes the behaviour of the thief in the transaction with the fence. As is the case with the word ''fence'' and its derivatives when used in its other common meanings (i.e. as a type of barrier or enclosure, and also as a sport), the word in this context is derived from the word ''defence.'' Among criminals, the ''fence'' originated in thieves' slang tracing from the notion of such transactions providing a "defence" against being caught. The thief who patronises the fence is willing to accept a low profit margin in order to reduce their risks by instantly "washing their hands" of illicitly gotten loot (such as black market goods) and disasso ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Evasion
Tax evasion is an illegal attempt to defeat the imposition of taxes by individuals, corporations, trusts, and others. Tax evasion often entails the deliberate misrepresentation of the taxpayer's affairs to the tax authorities to reduce the taxpayer's tax liability, and it includes dishonest tax reporting, declaring less income, profits or gains than the amounts actually earned, overstating deductions, using bribes against authorities in countries with high corruption rates and hiding money in secret locations. Tax evasion is an activity commonly associated with the informal economy. One measure of the extent of tax evasion (the "tax gap") is the amount of unreported income, which is the difference between the amount of income that should be reported to the tax authorities and the actual amount reported. In contrast, tax avoidance is the legal use of tax laws to reduce one's tax burden. Both tax evasion and tax avoidance can be viewed as forms of tax noncompliance, as they desc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mail Fraud
Mail fraud and wire fraud are terms used in the United States to describe the use of a physical or electronic mail system to defraud another, and are federal crimes there. Jurisdiction is claimed by the federal government if the illegal activity crosses interstate or international borders. Mail fraud Mail fraud was first defined in the United States in 1872. provides: Whoever, having devised or intending to devise any scheme or artifice to defraud, or for obtaining money or property by means of false or fraudulent pretenses, representations, or promises, or to sell, dispose of, loan, exchange, alter, give away, distribute, supply, or furnish or procure for unlawful use any counterfeit or spurious coin, obligation, security, or other article, or anything represented to be or intimated or held out to be such counterfeit or spurious article, for the purpose of executing such scheme or artifice or attempting so to do, places in any post office or authorized depository for mail ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wire Fraud
Mail fraud and wire fraud are terms used in the United States to describe the use of a physical or electronic mail system to fraud, defraud another, and are Federal crime in the United States, federal crimes there. Jurisdiction is claimed by the federal government if the illegal activity crosses interstate or international borders. Mail fraud Mail fraud was first defined in the United States in 1872. provides: Whoever, having devised or intending to devise any scheme or artifice to defraud, or for obtaining money or property by means of false or fraudulent pretenses, representations, or promises, or to sell, dispose of, loan, exchange, alter, give away, distribute, supply, or furnish or procure for unlawful use any counterfeit or spurious coin, obligation, security, or other article, or anything represented to be or intimated or held out to be such counterfeit or spurious article, for the purpose of executing such scheme or artifice or attempting so to do, places in any post ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Fraud
Bank fraud is the use of potentially illegal means to obtain money, assets, or other property owned or held by a financial institution, or to obtain money from depositors by fraudulently posing as a bank or other financial institution. In many instances, bank fraud is a criminal offence. While the specific elements of particular banking fraud laws vary depending on jurisdictions, the term bank fraud applies to actions that employ a scheme or artifice, as opposed to bank robbery or theft. For this reason, bank fraud is sometimes considered a white-collar crime. Types of bank fraud Accounting fraud In order to hide serious financial problems, some businesses have been known to use fraudulent bookkeeping to overstate sales and income, inflate the worth of the company's assets, or state a profit when the company is operating at a loss. These tampered records are then used to seek investment in the company's bond or security issues or to make fraudulent loan applications in a final ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jerry McMorris
Jerry McMorris (October 9, 1940 – May 8, 2012) was the principal owner of the Colorado Rockies of the National League from through . A limited partner in the ownership group that founded the Rockies in the early 1990s, he joined with meatpacking heir Charlie Monfort and Oren Benton to buy controlling interest in the team after original owner Mickey Monus was embroiled in an accounting scandal. In 2005, McMorris sold his stake of the franchise to the Charie Monfort and his brother Dick. McMorris died on May 8, 2012 from pancreatic cancer at the age of 71 in a hospital in Aurora, Colorado Aurora (, ) is a home rule municipality located in Arapahoe, Adams, and Douglas counties, Colorado, United States. The city's population was 386,261 at the 2020 United States Census with 336,035 residing in Arapahoe County, 47,720 residing in ...."Jerry McMorris, who helped bring Rockies baseball to Colorado, dies at 71", ''Denver Post'/ref> Notes External linksColorado Rockies owner ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tampa
Tampa () is a city on the Gulf Coast of the U.S. state of Florida. The city's borders include the north shore of Tampa Bay and the east shore of Old Tampa Bay. Tampa is the largest city in the Tampa Bay area and the seat of Hillsborough County. With a population of 384,959 according to the 2020 census, Tampa is the third-most populated city in Florida after Jacksonville and Miami and is the 52nd most populated city in the United States. Tampa functioned as a military center during the 19th century with the establishment of Fort Brooke. The cigar industry was also brought to the city by Vincente Martinez Ybor, after whom Ybor City is named. Tampa was formally reincorporated as a city in 1887, following the Civil War. Today, Tampa's economy is driven by tourism, health care, finance, insurance, technology, construction, and the maritime industry. The bay's port is the largest in the state, responsible for over $15 billion in economic impact. The city is part of the Tampa-St. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coors Field
Coors Field is a baseball stadium in downtown Denver, Colorado. It is the home field of Major League Baseball's Colorado Rockies. Opened in 1995, the park is located in Denver's Lower Downtown neighborhood, two blocks from Union Station. The stadium has a capacity of 50,144 people for baseball. As an expansion team that began play in 1993, the Rockies spent their first two seasons at Mile High Stadium. During that time, Coors Field was constructed for a cost of $300 million. It includes 63 luxury suites and 4,526 club seats. Coors Field has earned a reputation as a hitter's park, due to the effect of Denver's high elevation and semi-arid climate on the distances of batted balls. To combat this, the outfield fences were positioned further away from home plate and baseballs used in the park have been pre-stored in humidors. Coors Field has hosted the 1998 MLB All-Star Game and the 2021 MLB All-Star Game. Coors has also hosted an outdoor hockey game from the 2016 NHL Stadium Ser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ESPN
ESPN (originally an initialism for Entertainment and Sports Programming Network) is an American international basic cable sports channel owned by ESPN Inc., owned jointly by The Walt Disney Company (80%) and Hearst Communications (20%). The company was founded in 1979 by Bill Rasmussen along with his son Scott Rasmussen and Ed Eagan. ESPN broadcasts primarily from studio facilities located in Bristol, Connecticut. The network also operates offices and auxiliary studios in Miami, New York City, Las Vegas, Seattle, Charlotte, Washington, D.C., and Los Angeles. James Pitaro currently serves as chairman of ESPN, a position he has held since March 5, 2018, following the resignation of John Skipper on December 18, 2017. While ESPN is one of the most successful sports networks, there has been criticism of ESPN. This includes accusations of biased coverage, conflict of interest, and controversies with individual broadcasters and analysts. , ESPN reaches approximately 76 million te ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sam Walton
Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in 1962 and 1983 respectively. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as the biggest private employer in the world. For a period of time, Walton was the richest man in America. Walton family, His family has remained the richest family in the U.S. for several consecutive years, with a net worth of around US$240.6 billion as of January 2022. Early life Samuel Moore Walton was born to Thomas Gibson Walton and Nancy Lee, in Kingfisher, Oklahoma. He lived there with his parents on their farm until 1923. However, farming did not provide enough money to raise a family, and Thomas Walton went into farm mortgaging. He worked for his brother's Walton Mortgage Company, which was an agent for Metropolitan Life Insurance, where he foreclosure, foreclosed on farms during the Great Dep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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