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The San Angelo Police Department is warning the public about a scammer targeting businesses in the oil field and gas supply sectors. "An individual, posing as a legitimate buyer, has been ...
The salad oil scandal, also referred to as the soybean scandal, was an American major corporate scandal in 1963 that caused over $180 million ($1.79 billion today) in losses to corporations including American Express, Bank of America and Bank Leumi, as well as many international trading companies. [1]
In 1963, De Angelis was responsible for the Salad Oil scandal, a major financial racket involving fraudulent warehouse receipts, when he attempted to corner the soybean oil market. Soybean oil is an ingredient of salad dressing and has many other uses. In the aftermath of the scandal, 51 investors were swindled out of approximately $175 million ...
Anthony "Tino" De Angelis (November 3, 1915 – September 26, 2009) [3] was a Bayonne, New Jersey, commodities trader who dealt in vegetable oil futures worldwide.. In 1962 De Angelis' company, Allied Crude Vegetable Oil Refining Corporation, bilked 51 banks out of over $180 million ($1.79 billion today) in what became known as the Salad Oil scandal after he failed to corner the soybean oil ...
For example, a Google search for "plastic + into oil + machine + hoax" might have turned up a link to this 2010 post on the snopes.com website-- two years before Carlucci finally caught on to his ...
When Sen. John D. Rockefeller IV (D-W.Va.) took over the Senate Commerce Committee in 2009, he wisely decided to focus on using his leadership position to make life better for consumers. In ...
If you get an email providing you a PIN number and an 800 or 888 number to call, this a scam to try and steal valuable personal info. These emails will often ask you to call AOL at the number provided, provide the PIN number and will ask for account details including your password.
The Great Oil Sniffer Hoax was a 1979 scandal involving French oil company Elf Aquitaine. The company spent millions of dollars developing a new gravity wave-based oil detection system, which was later revealed to be a scam. Elf lost over $150 million in the hoax. In France, the scandal is known as the "Avions Renifleurs" ("Sniffer Planes"). [1]