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8 - The United States Government v. Aristotle Onassis, 1951–1958

Published online by Cambridge University Press:  19 August 2019

Gelina Harlaftis
Affiliation:
Ionian University, Corfu
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Summary

Exactly seventy years after Mari Vagliano was accused of conspiracy to defraud the Russian Imperial state, Aristotle Onassis was accused of conspiracy to defraud the United States Government. Comparing the two cases is enlightening: both of these international businessmen had to surpass a variety of hurdles on their way to revolutionizing the global shipping business. It all started in late 1950 when CIA agents, backed by photographic evidence revealed that New York based Greek shipping tycoons were carrying cargoes on American-built ships not only for the United States and its allies, but also for its enemies, North Korea and China. The FBI launched its investigation, the government took aggressive tactics that resulted in ship forfeitures arrest warrants in the US ports while there was a worldwide boycott on Onassis ships and attack to his whaling fleet. From 1954-1956, Onassis and the other Greek shipowners took part in lengthy negotiations, reaching final settlements with the US government. The case is indicative of how national interests try to restrict global economic activities, using foreign businessmen as scapegoats for their internal political and economic problems.

Type
Chapter
Information
Creating Global Shipping
Aristotle Onassis, the Vagliano Brothers, and the Business of Shipping, c.1820–1970
, pp. 205 - 230
Publisher: Cambridge University Press
Print publication year: 2019

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