College Admissions Scandal Whistleblower Lists $13.5 Million Hancock Park Chateau
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.