American businesspeople convicted of crimes

Michael Robert Milken (born July 4, 1946) is an American financier. He is known for his role in the development of the market for high-yield bonds ("junk bonds"), and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws. Milken's compensation while head of the high-yield bond department at Drexel Burnham Lambert in the late 1980s exceeded $1 billion over a four-year period, a record for U.S. income at that time. With a net worth of US$6 billion as of 2022, he is among the richest people in the world.Milken was indicted for racketeering and securities fraud in 1989 in an insider trading investigation. In a plea bargain, he pleaded guilty to securities and reporting violations but not to racketeering or insider trading. Milken was sentenced to ten years in prison, fined $600 million (although his personal website claims $200 million) and permanently barred from the securities industry by the U.S. Securities and Exchange Commission. His sentence was later reduced to two years for cooperating with testimony against his former colleagues and for good behavior. Milken was pardoned by President Donald Trump on February 18, 2020.
Since his release from prison, he has become known for his charitable donations. He is co-founder of the Milken Family Foundation, chairman of the Milken Institute, and founder of medical philanthropies funding research into melanoma, cancer, and other life-threatening diseases. A prostate cancer survivor, Milken has devoted significant resources to research on the disease.

James Willis Hensley (April 12, 1920 – June 21, 2000) was an American businessman in the beer industry.
Hensley was born in Texas and moved to Arizona during his youth. He was a bombardier on B-17 Flying Fortresses during World War II and was awarded the Distinguished Flying Cross. After the war he was convicted of illegal distribution of liquor and was also involved in a racetrack operation that was investigated by authorities.
He founded Hensley & Co. in 1955. Headquartered in Phoenix, it grew to become one of the largest Anheuser-Busch beer distributorships in the nation. One of Arizona's richest men at the time of his death, Hensley was the father of Cindy Hensley McCain and the father-in-law of United States Senator and 2000 and 2008 presidential candidate John McCain.

Shearn Moody Jr. (May 23, 1933 – June 25, 1996) was an American financier, entrepreneur, and philanthropist from Galveston, Texas. He was heir to a financial empire as well as a convicted felon and originator of the Moody Gardens resort complex.
Moody was also the grandson of insurance and financial tycoon William Lewis Moody Jr.

Martin R. "Marty" Frankel (born 1954) is an American financial criminal who conducted a series of investment frauds in the late 20th century, causing hundreds of millions of dollars in losses. He was caught in 1999, and in 2004 was sentenced to 200 months in prison based on over $200 million in proven losses to insurance companies he bought then looted their actuarial reserves; the sentence was reaffirmed in 2006.

Leona Roberts Helmsley (born Lena Mindy Rosenthal; July 4, 1920 – August 20, 2007) was an American businesswoman. Her flamboyant personality and reputation for tyrannical behavior earned her the nickname Queen of Mean.After allegations of non-payment were made by contractors hired to improve Helmsley's Connecticut home, she was investigated and convicted of federal income tax evasion and other crimes in 1989. Although having initially received a sentence of 16 years, she was required to serve only 19 months in prison and two months under house arrest. During the trial, a former housekeeper testified that she had heard Helmsley say: "We don't pay taxes; only the little people pay taxes", a quote which was identified with her for the rest of her life.