King of the Con Men, Billie Sol Estes, Dies

The man forever linked to Texas-sized schemes, greed and corruption ... and whose notorious ways involving fertilizer, ag products, and phantom manure ... made national headlines... has died.

Billie Sol Estes reigned as the king of con men for nearly 50 years.

Although he started off on the right foot and became a millionaire by age 30... this Texas native was anything but the picture of wholesome goodness.

In fact, his most scandalous fraud happened in 1962 during the Kennedy adminstration.

Both vice president Lyndon Johnson and agriculture secretary Orville Freeman came under fire during the scandal which involved phony financial statements and non- existent fertilizer tanks.

Several agriculture officials resigned and Estes was sent to prison.

Estes was also convicted in 1965 of mail fraud and conspiracy to defraud.

His time in and out of prison became a way of life for estes during the 1970's and 80's.

He died at his home... about 60 miles southwest of dallas.

Estes was 88.

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