Fred Balzar

Morley Griswold

Morley Griswold was born in Elko on October 10, 1890. He earned undergraduate and law degrees from the University of Michigan and served in World War I. A leading attorney for corporations operating in Nevada, he formed a noted law firm that evolved into the Las Vegas firm of Jones Vargas. When Griswold entered politics, his business contacts became an issue and he faced conflict of interest allegations, particularly when he had clients tied to the collapse of George Wingfield's banks in 1934.

Cole-Malley Embezzlement

In perhaps the largest and best-known political and financial scandal in Nevada history—State Treasurer Ed Malley and State Controller George Cole embezzled $516,322.16 from the state treasury in the 1920s. With the assistance of a cashier of the Carson Valley Bank, the two began to divert state funds for their own benefit in 1919. With this money, they invested in Tonopah mining stocks and Signal Hill Oil Company. The oil wells came up dry, so the money was lost.

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