David Lamar

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See Jordan Belfort who is also known as the "Wolf of Wall Street", the subject of a 2013 film
David Lamar
Portrait of David Lamar.jpg
David Lamar circa 1913
Born c. 1877
United States
Died January 12, 1934 (aged 56–57)
United States
Residence New York City, New York
Nationality American
Occupation Con man

David Lamar (circa 1877 – January 12, 1934) was a con man known as the Wolf of Wall Street.

Biography[edit]

David Lamar was born circa 1877. In 1913 Lamar was under indictment in New York and was charged with impersonating a member of Congress.[1][2]

When James McMahon appeared in court to testify against Lamar, McMahon was stabbed and beaten by members of the Eastman Gang as he entered the courthouse and he was unable to testify.[3]

In 1899, Lamar claimed one of his most famous victims, 25-year-old John D. Rockefeller, Jr. Working through George Rogers, secretary to Standard Oil founder John D. Rockefeller, Sr., Lamar convinced the younger Rockefeller to buy stock in U.S. Leather, using money he had borrowed from his father. As Rockefeller Jr. was buying, Lamar was selling, and the younger Rockefeller lost nearly $1 million.[4]

During 1915, Lamar acted as an agent for Franz von Rintelen, an agent for the German Navy intelligence in New York City. He promoted strikes and work slowdowns in munitions plants by means of the Labor's National Peace Council.[5] From offices at 55 Liberty Street, von Rintelen spent US$500,000,[6] most of which went to Lamar, whose reports of success were exaggerated.[6]

Lamar died in 1934.[7]

References[edit]

  1. ^ Hearings. United States Congress. 1913. Very well; I desire to testify now, then, that two years ago, when I first used the name of Riordan, I told the man I used it with at the end of, say, three conversations, that were all within a period of two days, that I was David Lamar. That man was Mr. Charles Steele. Mr. Ledyard has testified here, and the committee will see it—I can call their attention to it—Mr. Ledyard says he knew of these conversations between Mr. Riordan and Mr. Steele. So that two years ago, if my testimony is to be believed, Steele knew it was not David Lamar he was talking with but that it was Riordan 
  2. ^ "Accused Appears in Washington Court, Document Is Not Served on Him.". New York Times. July 24, 1913. Retrieved 2009-07-18. Considerable mystery surrounds a sealed indictment against David Lamar which has been forwarded from the Federal Court in New York City to District Attorney Wilson of Washington. Mr. Lamar has been in this city for several days, and his counsel, Henry E. Davis, was instructed by Mr. Wilson to produce his client before United States Commissioner Anson H. Taylor this morning at 10 o'clock. 
  3. ^ Asbury, Herbert. The Gangs of New York New York: Alfred A. Knopf, 1927. ISBN 1-56025-275-8
  4. ^ Chernow, Ron (1998). Titan: The Life of John D. Rockefeller, Sr. Random House. p. 356. ISBN 0-679-43808-4. 
  5. ^ Tuchman, Barbara W. The Zimmermann Telegram (New York: NEL Mentor, 1967), p.71.
  6. ^ a b Tuchman, p.71.
  7. ^ "David Lamar 'Wall Street Wolf,' Dead". Hartford Courant. January 14, 1934. Retrieved 2009-07-18. The mysterious Stock Market operations of the "Wolf of Wall Street" have been ended by death. 

Sources[edit]

  • Tuchman, Barbara W. The Zimmermann Telegram. New York: NEL Mentor, 1967.