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The_Info_Web/10 - PEOPLE/(N-S)/Jules Stein.md

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PROMIS Scandal
Person
PROMIS
Founder of MCA and longtime political supporter of Ronald Reagan who helped make Reagan a millionaire through inflated property deals.

Jules Stein was the founder of Music Corporation of America. He was a long-time political supporter of Ronald Reagan. Stein, along with Lew Wasserman, negotiated the sale of Reagan's California properties at hugely inflated prices, which helped make Reagan a millionaire.1

Footnotes

  1. Seymour, Cheri. The Last Circle: Danny Casolaro’s Investigation into the Octopus and the PROMIS Software Scandal. First Edition. TrineDay, 2010. ↩︎