John Factor, Date of Birth, Place of Birth, Date of Death

    

John Factor

American mobster

Date of Birth: 08-Oct-1892

Place of Birth: England, United Kingdom

Date of Death: 22-Jan-1984

Nationality: United States

Zodiac Sign: Libra


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About John Factor

  • John Factor (October 8, 1892 – January 22, 1984), born Iakov Faktorowicz, was a Prohibition-era gangster and con artist affiliated with the Chicago Outfit. He later became a prominent businessman and Las Vegas casino proprietor, owner of the Stardust Resort and Casino.
  • It is alleged that he ran the operation on behalf of the mob, with a lifetime take of $50–$200 million.His birth name is the Yiddish/Hebrew for Jacob ("Jake"), and like his more-famous older half-brother, Max Factor, he had trained at an early age in haircare; this led to his mob nickname, Jake the Barber. He perpetrated a stock scam in 1926 England that netted $8 million, a substantial sum for the period.
  • Some of his victims were English royalty.
  • He fled to France, and executed another major scam, rigging the tables at the Monte Carlo casino, and breaking its bank.
  • He then returned to the United States. While in the United States, he was tried and sentenced in absentia in England, to 24 years in prison.
  • He fought extradition all the way to the Supreme Court, but fearing he would lose, had himself "kidnapped" in 1933, and, when "found", accused another mobster, Roger Touhy, of abducting him.
  • This started a "cold" gang war (allegedly including corrupt prosecutors), fought in criminal and civil courts, and the media.During this period, Factor was convicted for mail fraud, his take totaling $10 million.
  • He served 10 years in prison, from 1939 to 1949.In 1955, Factor took over the Stardust Hotel, though he was probably a figurehead for other Chicago mob figures, such as Paul Ricca, Tony "Big Tuna" Accardo, Murray Humphreys and Sam "Momo" Giancana.
  • He sold the hotel for $7 million in 1962 or 1963.
  • Factor became politically and philanthropically active, and was the largest donor to John Kennedy's 1960 presidential campaign.
  • In late 1962, after an investigation spearheaded by Robert Kennedy, Factor was scheduled to be deported, but received a presidential pardon.He was also involved in an attempt to bail out Jimmy Hoffa from his real-estate related financial problems.He lived his later years in Los Angeles, where he was a benefactor to the inner city.

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