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He founded the commodities company Glencore, and was later indicted in the United States on federal charges of tax evasion, wire fraud, racketeering, and making oil deals with Iran during the Iran hostage crisis. He fled to Switzerland at the time of the indictment and never returned to the United States. [1]
Jun 27, 2013 · Today, Marc Rich + Co, renamed Glencore and merged with Xstrata, is worth 100 times more. When I asked Rich shortly before his death whether anything still gave him a “buzz”, his answer was...
Jun 26, 2013 · Marc Rich, the trader controversially pardoned by former President Bill Clinton, has died in Switzerland. He was wanted by the US for tax evasion when he was pardoned on Mr Clinton's last day...
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Jun 27, 2013 · Mr. Rich, who made billions in commodities as founder of Glencore International, was a fugitive on charges of tax evasion and trading with Iran until he was pardoned by President Bill Clinton.
Jun 26, 2013 · 'King of Oil' Marc Rich, controversial commodities trader and former fugitive, dies at age 78. The businessman with a taste for flamboyant neckties and Cuban cigars was celebrated for inventing the spot-oil market and later became one of the most wanted white-collar fugitives in American history for 17 years
Jun 26, 2013 · Billionaire Marc Rich, who invented oil trading and was pardoned by President Bill Clinton over tax evasion, racketeering and busting sanctions with Iran, died on Wednesday in Switzerland aged...
Jun 26, 2013 · Marc Rich, the billionaire trader and onetime fugitive who received a controversial pardon from Bill Clinton, has died aged 78 in Switzerland. The trader died on Wednesday morning from a...