About: Wilbur B. Foshay

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Wilbur B. Foshay (1881–1957) was an American businessman, who built a fortune buying utilities throughout the Midwest in the early 20th century. Foshay had built up three different utility company empires; selling each one in turn to fund the acquisition phase of the next. His second empire included three utility companies that served the Crookston, Bemidji, and Hallock areas in northern Minnesota (all are today served by Otter Tail Power Company). As he worked on his third and largest utility empire, Foshay built the Foshay Tower in Minneapolis, Minnesota, which opened in August 1929. In 1932 he was convicted of conducting a "pyramid scheme" with shares of his own stock. He was sentenced to 15 years in prison. President Franklin Roosevelt commuted 10 years from Foshay's sentence, but Fosh

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rdf:type	Thing foaf:Person person dul:NaturalPerson Eukaryote Person Human Animal yago:WikicatAmericanWhite-collarCriminals animal eukaryote species schema:Person yago:WikicatPeopleFromMinneapolis,Minnesota yago:BadPerson109831962 yago:CausalAgent100007347 yago:Criminal109977660 yago:LivingThing100004258 yago:Object100002684 yago:Organism100004475 yago:Person100007846 yago:PhysicalEntity100001930 yago:Principal110474950 yago:Wrongdoer109633969 yago:YagoLegalActor yago:YagoLegalActorGeo yago:Whole100003553
rdfs:label	Wilbur B. Foshay (en)
rdfs:comment	Wilbur B. Foshay (1881–1957) was an American businessman, who built a fortune buying utilities throughout the Midwest in the early 20th century. Foshay had built up three different utility company empires; selling each one in turn to fund the acquisition phase of the next. His second empire included three utility companies that served the Crookston, Bemidji, and Hallock areas in northern Minnesota (all are today served by Otter Tail Power Company). As he worked on his third and largest utility empire, Foshay built the Foshay Tower in Minneapolis, Minnesota, which opened in August 1929. In 1932 he was convicted of conducting a "pyramid scheme" with shares of his own stock. He was sentenced to 15 years in prison. President Franklin Roosevelt commuted 10 years from Foshay's sentence, but Fosh (en)
foaf:name	Wilbur Foshay (en)
name	Wilbur Foshay (en)
birth place	United States Ossining (village), New York
death place	Hastings, Minnesota
death place	Hastings, Minnesota
death date	1957-09-01 (xsd:date)
birth place	United States Ossining (village), New York
birth date	1881-12-12 (xsd:date)
dcterms:subject	20th-century American businesspeople 1881 births 1957 deaths American white-collar criminals American businesspeople convicted of crimes American fraudsters Businesspeople from Minneapolis
Wikipage page ID	24563206 (xsd:integer)
Wikipage revision ID	1114957951 (xsd:integer)
Link from a Wikipage to another Wikipage	United States 20th-century American businesspeople Columbia University Entrepreneur Frontier Communications Minneapolis 1881 births 1957 deaths American white-collar criminals American businesspeople convicted of crimes Foshay Tower Ossining (village), New York Pyramid scheme Hastings, Minnesota American fraudsters Businesspeople from Minneapolis Otter Tail Power Company
Link from a Wikipage to an external page	http://www.mnopedia.org/person/foshay-wilbur-1881-1957
sameAs	Wilbur B. Foshay Wilbur B. Foshay Wilbur B. Foshay Wilbur B. Foshay Wilbur B. Foshay
dbp:wikiPageUsesTemplate	dbt:Authority_control dbt:Birth_date dbt:Infobox_person dbt:Short_description dbt:Death_date
birth date	1881-12-12 (xsd:date)
death date	1957-09-01 (xsd:date)
education	Columbia University
occupation	Entrepreneur
has abstract	Wilbur B. Foshay (1881–1957) was an American businessman, who built a fortune buying utilities throughout the Midwest in the early 20th century. Foshay had built up three different utility company empires; selling each one in turn to fund the acquisition phase of the next. His second empire included three utility companies that served the Crookston, Bemidji, and Hallock areas in northern Minnesota (all are today served by Otter Tail Power Company). As he worked on his third and largest utility empire, Foshay built the Foshay Tower in Minneapolis, Minnesota, which opened in August 1929. In 1932 he was convicted of conducting a "pyramid scheme" with shares of his own stock. He was sentenced to 15 years in prison. President Franklin Roosevelt commuted 10 years from Foshay's sentence, but Foshay only actually served three years in Leavenworth because of "good behavior." President Harry Truman granted Foshay a full and unconditional pardon in 1947. The remnants of this third company became the basis for Citizens Utilities. (en)
gold:hypernym	Businessman
prov:wasDerivedFrom	wikipedia-en:Wilbur_B._Foshay?oldid=1114957951&ns=0
page length (characters) of wiki page	3622 (xsd:nonNegativeInteger)
birth year	1881-01-01 (xsd:gYear)
death year	1957-01-01 (xsd:gYear)
education	Columbia University
occupation	Entrepreneur dbr:Wilbur_B._Foshay__PersonFunction__1
foaf:isPrimaryTopicOf	wikipedia-en:Wilbur_B._Foshay
is Link from a Wikipage to another Wikipage of	Frontier Communications Grand Trunk Pacific dock UniSource Energy Services MDU Resources Florence O'Denishawn John L. Anderson (shipbuilder) Citizens Utilities Rural Kitsap County Transportation Company Foshay Wilbur Foshay

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