On 1 November, former Secretary of the Interior Albert Fall was convicted of accepting a bribe of $100,000 dollars in exchange for leasing rights of the Elk Hill (Teapot Dome) naval oil reserve. Fall was sentenced to a year in prison and fined the amount he was paid, $100,000.
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Citation: Richert, Lucas Paul. "Teapot Dome Scandal". The Literary Encyclopedia. First published 01 November 2008 [https://www.litencyc.com/php/stopics.php?rec=true&UID=5597, accessed 26 November 2024.]