Tino De Angelis, Date of Birth, Date of Death

    

Tino De Angelis

American conman

Date of Birth: 03-Nov-1915

Date of Death: 26-Sep-2009

Nationality: United States

Zodiac Sign: Scorpio


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About Tino De Angelis

  • Anthony "Tino" De Angelis (November 3, 1915 – September 26, 2009) was a Bayonne, New Jersey, commodities trader who bought and sold vegetable oil futures around the world.
  • In 1962 he started to corner the market for soybean oil, used in salad dressing.
  • In the aftermath, investors (51 banks) learned that he had bilked them out of about $175 million in total ($1.2 billion in year 2000 dollars).
  • The scandal is named after De Angelis's company, Allied Crude Vegetable Oil Refining Corporation.

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