About: Tino De Angelis

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Anthony "Tino" De Angelis (November 3, 1915 – September 26, 2009) was a Bayonne, New Jersey, commodities trader who dealt in vegetable oil futures worldwide. In 1962 De Angelis' company, Allied Crude Vegetable Oil Refining Corporation, bilked 51 banks out of over $180 million ($1.59 billion today) in what became known as the Salad Oil scandal after he failed to corner the soybean oil market. (Soybean oil is used in salad dressing.)

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  • Anthony "Tino" De Angelis (November 3, 1915 – September 26, 2009) was a Bayonne, New Jersey, commodities trader who dealt in vegetable oil futures worldwide. In 1962 De Angelis' company, Allied Crude Vegetable Oil Refining Corporation, bilked 51 banks out of over $180 million ($1.59 billion today) in what became known as the Salad Oil scandal after he failed to corner the soybean oil market. (Soybean oil is used in salad dressing.) (en)
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  • Anthony "Tino" De Angelis (November 3, 1915 – September 26, 2009) was a Bayonne, New Jersey, commodities trader who dealt in vegetable oil futures worldwide. In 1962 De Angelis' company, Allied Crude Vegetable Oil Refining Corporation, bilked 51 banks out of over $180 million ($1.59 billion today) in what became known as the Salad Oil scandal after he failed to corner the soybean oil market. (Soybean oil is used in salad dressing.) (en)
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  • Tino De Angelis (en)
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