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Wallace Groves : ウィキペディア英語版 | Wallace Groves Wallace Groves (c. 1902–30 January 1988) was a prominent financier, who, after his release from federal prison in 1944, moved to the Bahamas and there founded and operated the free trade zone, resort, and casino development Freeport on Grand Bahama Island. Investigators of U.S. organized crime associate him with the Meyer Lansky syndicate operating offshore casinos from Miami Beach. These ties notwithstanding, he is credited with being a driving force in the development of the modern Bahamian economy. ==Early career== Born in (or around) 1902, Groves made an early career in complex financial transactions on Wall Street. Virginia-born, he reportedly came to New York from Baltimore, where he was a bond salesman.〔Block, p. 27.〕 His obituary noted that “as a young, flashy, and successful investor, he was involved in several businesses and had controlling interests in several others, including the United Cigar Store and the Wheelan Drug Store chain.” However, his transactions soon caught the attention of the Securities and Exchange Commission (SEC), and from 1933 until his imprisonment in 1941, he was frequently in the news for legal or regulatory matters.
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