Sir Arthur Wheeler, 1st Baronet (18 September 1860 – 20 May 1943) was an

English English usually refers to: * English language * English people English may also refer to: Peoples, culture, and language * ''English'', an adjective for something of, from, or related to England ** English national ide ...

stockbroker A stockbroker is a regulated broker, broker-dealer, or registered investment adviser (in the United States) who may provide financial advisory and investment management services and execute transactions such as the purchase or sale of stocks an ...

and financier. Wheeler was born in

Nottingham Nottingham ( , East Midlands English, locally ) is a city status in the United Kingdom, city and Unitary authorities of England, unitary authority area in Nottinghamshire, East Midlands, England. It is located north-west of London, south-east ...

. He was educated at

Nottingham High School , motto_translation = Praise to the end , address = Waverley Mount , city = Nottingham , county = Nottinghamshire , postcode = NG7 4ED , country = England , coordinates = , type = Independent day school , established = , closed = , religious ...

and joined Simon, Meyer & Co, a lace exporter, as a clerk. He rose to be chief clerk and in 1899 launched his own stockbroking firm in

Leicester Leicester ( ) is a city status in the United Kingdom, city, Unitary authorities of England, unitary authority and the county town of Leicestershire in the East Midlands of England. It is the largest settlement in the East Midlands. The city l ...

, concentrating on serving

Midlands The Midlands (also referred to as Central England) are a part of England that broadly correspond to the Kingdom of Mercia of the Early Middle Ages, bordered by Wales, Northern England and Southern England. The Midlands were important in the Ind ...

firms which were too small to launch themselves in the

City of London The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London fr ...

. During the

First World War World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fightin ...

, Wheeler dedicated his energies to selling war bonds, and for this he was created a

baronet A baronet ( or ; abbreviated Bart or Bt) or the female equivalent, a baronetess (, , or ; abbreviation Btss), is the holder of a baronetcy, a hereditary title awarded by the British Crown. The title of baronet is mentioned as early as the 14th ...

in the 1920 New Year Honours. He was ruined by the Depression, was declared bankrupt, and in 1931 was jailed for twelve months for

fraud 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 compens ...

. After his release he retired from business.

Footnotes

References

*Biography, ''

Oxford Dictionary of National Biography The ''Dictionary of National Biography'' (''DNB'') is a standard work of reference on notable figures from British history, published since 1885. The updated ''Oxford Dictionary of National Biography'' (''ODNB'') was published on 23 September ...

'' *Kidd, Charles, Williamson, David (editors). ''Debrett's Peerage and Baronetage'' (1990 edition). New York: St Martin's Press, 1990. * 1860 births 1943 deaths People from Nottingham Baronets in the Baronetage of the United Kingdom English fraudsters English stockbrokers {{UK-business-bio-stub