James McClain A 1928 French chateau-style estate on one of Hancock Park’s most prime corner lots has become available with a $13.5 million ask.
Morrie and Gale Tobin, the regal home’s longtime owners, are not Hollywood celebrities, though they have a notable connection to one of the most fascinating and widely-publicized scandals to emerge in recent years.As a wealthy but little-known Los Angeles financier, Morrie Tobin engaged in a so-called pump-and-dump investment scheme — in which investors collude to “pump” up a stock’s price and then “dump” it at an inflated sum — that led federal authorities to prosecute the father-of-six, now in his 50s.
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Owner: SNOWLAND s.r.o.
Registration certificate 06691200
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Snowland s.r.o.
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