Michael I. Monus

Michael I. "Mickey" Monus (born 1947[1]) is the former president of Phar-Mor, Inc., founder of the World Basketball League and was an original owner of the Colorado Rockies, a Major League Baseball expansion team.[2] Phar-Mor was a deep-discount drug and grocery retail chain that established a strong national presence before declaring bankruptcy in the early 1990s.[3] Accused of perpetrating an embezzlement scheme behind one of the largest corporate frauds in US history, Monus was fired from the company and faced criminal charges.[4] He was born in Youngstown, Ohio, which is where Phar-Mor was headquartered.

  1. ^ Cite error: The named reference ESPN Rockies was invoked but never defined (see the help page).
  2. ^ "As the Rockies turn 25, a look at the twists and turns that brought the team to life".
  3. ^ Solomon, Jolie (August 31, 1992). "Mickey's Secret Life: The mystery man behind the Phar-Mor scandal was obsessed with winning–and lost big". Newsweek. pp. 70–72.
  4. ^ Collins, Glenn (26 May 1995). "Ousted Phar-Mor President Found Guilty in $1 Billion Fraud". The New York Times.