The time of reconstruction occurred right after the years of the Civil War. With the recent assassination of America's beloved president, Abraham Lincoln, the nation realized how important it was to start from the bottom. Lincoln had many ideas about how to restore the United States after the tragedy known as the Civil War. However, the scandals of that time were hardly what he had hoped for. Instead, the scandals got out of hand and America went into turmoil. During the history of the United States, there have been people who have tried to work behind the scenes in dishonest acts. For example, there have been companies and bank that were accused of taking people's money. People who have siphoned money from a person and into their …show more content…
In 1853, he was elected to the House of Representatives. He rose to the head of Tammany Hall and was later elected to the New York Senate in 1867. Tweed used his political position to his own selfish advantage. A scandal, known as the Tweed Ring, originated from his self-centered greed. Tweed gathered other leaders around him. All of which controlled the city's finances in some way or the other. Tweed's ring essentially controlled all of New York's finances. Using embezzlement, bribery and kickbacks, the ring siphoned massive amounts of money into their own pockets. The amount of stolen money was anywhere between $40 million dollars and $200 millions dollars. Companies that were owned by Tweed would charge ridiculous amounts of money for the work they did or they would charge for work that wasn't done. Due to newspaper comics, Tweed and his cronies were taken under investigation. Tweed was given 12 years in prison, was released a year later, arrested again and he soon escaped and fled the country. Tweed died in prison in …show more content…
Ulysses S. Grant was president at this time, and his reputation had been ruined by the rumors of his being involved with numerous scandals. Much like Johnson, Grant wanted to wanted to reduce the supply of paper money. He sued the gold to buy money from citizens at a discount. On the other side of the conflict, were two men: Jay Gould and James Fisk. President and vice president of Erie Railroad. The pair had the reputation of the most ruthless finance masterminds. They even had a relationship with William Tweed, the aforementioned financial schemer. Gould and Fisk wanted to prevent Cornelius Vanderbilt from taking control of the Erie Railroad. They wanted to cheat Wall Street
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Jay Gould and Jim Fisk attempted to corner the nation’s gold market on September 24th 1869. They were president and vice president of the Erie Railroad, and they earned the reputation as two of Wall Street’s most ruthless financial masterminds. Their rap sheets included everything from issuing fraudulent stock to bribing politicians and judges, and they had a lucrative partnership with Tammany Hall power player Willian “Boss” Tweed. Jay Gould was an expert at devising new ways to game the system and he was once named the “Mephitopheles of Wall Street” because of his ability to line his own pockets. In 1869 Gould “spun a web” that was aimed at conquering the gold market.
He had many identities, his first being Herman Webster Mudgett. He could con and swindle anyone. He was even known to have made a majority of his money by selling the clean skeletons universities. This is no blame to the universities of course,
William Marcy Tweed (Boss Tweed) became affiliated and known for the Tammany Hall scandal on how he manipulated the people bribing them with money to gain their vote. Boss Tweed and the intention of Tammany Hall were to assist those who were poor and the immigrants who had come into the country for a better life, but it became known for the political corruption Boss Tweed caused at Tammany Hall in New York. Eventually the corruption of Tammany Hall was exposed by The New York Times due to information being leaked about the bribery and greed, using this evidence to convict William Marcy Tweed of political corruption and threw him into jail where he died of
Despite the severity of this illegal activity Capone tried to pay off the Chicago police but couldn't pay off the U.S Treasury Department which led to Capones arrest. As stated in (Go.galegroup.comAlCaponetaxevasion). “Capone was Indicted for federal income tax evasion in June 1931, he was convicted in October. Capone received a sentence of eleven years in prison, first served in Atlanta and then at Alcatraz, the notorious prison in San Francisco bay.” although the risk for gambling and bootlegging was high Capone still managed to make millions in todays money and the result of his criminal reign was that he was sentenced eleven years in prison because he failed to report his earnings to the U.S Treasury Department, and if he did they would more than likely want an explanation as to where all of the money he illegally earned came from, and this is eventually what got him caught and thrown in
Capone was charged with 22 counts of tax fraud. His gang was charged with 5,000 separate violations. Most of the witnesses was afraid to testify but the ones who did like I said before went into witness protection. When the press found out about this they was out raged. Capone was really cocky when he thought all he would get for all of the charges was 5 years.
He was born in 1882 to a highly regarded Jewish family in New York City. At an early age, he loved numbers which led him to be intrigued by gambling. He was so intrigued by gambling that at sixteen he dropped out of school and started focusing all his time on gambling. He eventually made an adequate amount of money which resulted in him becoming a loan shark and in the 1900s crime became his sole business. He was nicknamed “the Brain” and “the Big Bankroll” due to him being the brains of an operation while others did his illicit work and for always having a huge role of cash with him.
He made his business bigger and others smaller by killing rival gang members. After sending some of his gunmen to kill some rival gang members. They got the wrong guy, Al Capone went into hiding for three months. Capone didn't get charged with this murder either. In 1927 he had thought to have somewhere close to one hundred million dollars (“Al Capone | biography - American gangster”).
According to Biography, “ His influence in New York politics was growing, and in 1856 he was elected to a new city board of supervisors, the first position he would use for corrupt purposes”. This quote illustrates that he was going to use his new power as an advantage to start corrupting which would lead to bigger positions in the future. Tweed had a hold on New York City and the state Democratic Party so much that his candidates got elected for mayor of New York City, governor of New York and speaker of the state assembly. He became chairperson of the New York county Democratic Party and the leader of the Tammany Club. Later on Rutherford Hayes tried to bring down the Tweed Ring because he was so powerful and earned his way by corruption.
He was extremely self centered and only cared about himself and his money. In 1860, not being a lawyer, he opened a law office. While running the law office, he collected large amounts of money for legal services. These “legal services” were fake and he was collecting the money illegally.12 While Boss Tweed was talking to Allison, he tried to get her to join him on his mission to try and take over the New York City. He was a part of Tammany Hall and used it to try to take and give jobs to political supporters and in the 1870s, 1/12 of the men in New York worked for a form of
During the the Mafia including Torrio and Capone got stupid rich. Once Torrio had crazy money he eventually retired from the mafia in 1925 giving Prostitution, gambling, bootlegging and other illegal activities to the one and only Al Capone aka (scarface). This was the start of organized crime in the
Al Capone made profit in different businesses such as bootlegging, gambling, prostitution, racketeering, and murder. The key factor for the success of Capone’s illegal businesses is how well Capone was able to manipulate politicians and other public figures with corruption. Al Capone was not a native to the city of Chicago. In
He made 100 million annually. Capone influence the United States by doing what he wanted, he influenced todays law system, and helped Chicago 's people through tough times. Capone did what he wanted First thing is Capone did some of his most well know activities for his church. Capone was Catholic, in the catholic religion the people take communion.
Hill took advantage of people and did whatever possible to gain all that he could out of any opportunity thrown his way. James J. Hill was a robber baron because he looked out only for himself, and disregarded the needs of others in order to get more money. James J. Hill was born in Canada. In the year 1865 he arrived in Minnesota by steamboat with his sights on becoming a trapper and fur trader. After that didn’t pan out, and having been rejected by the Civil War due to a missing eye, he began working St. Paul and South Pacific Railroad.
He set up bars in the basements at night and paid the managers or whoever was closing up the shop for the night to not say anything. And if they did say anything to the police, he would threaten to kill them and their families. Capone was sent to jail because he wasn’t paying