Skip to main content

Search from vocabulary

Content language

Concept information

Preferred term

Butcher Brothers  

Definition

  • In 1976, Jacob F. “Jake” Butcher and his younger brother Cecil Hilque “C. H. Jr.” Butcher, Jr., created Tennessee and Kentucky banking operations worth almost $1 billion. Nine years later these high-living bankers were incarcerated following federal convictions related to various fraudulent practices in their banking empire.With the exception of one credit life company, the brothers' holdings were held separately. [Source: Encyclopedia of White-Collar & Corporate Crime; Butcher Brothers]

Belongs to group

URI

https://concepts.sagepub.com/social-science/concept/Butcher_Brothers

Download this concept: