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{{Short description|US entertainment manager and fraudster (1922–2009)}}
{{Use mdy dates|date=July 2021}}
{{Infobox person {{Infobox person
| name = Stan Polley | name = Stan Polley
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| birth_name = | birth_name =
| birth_date = {{Birth date|1922|4|7}} | birth_date = {{Birth date|1922|4|7}}
| birth_place = New York City | birth_place = New York City, U.S.
| death_date = {{Death date and age|2009|7|20|1922|4|7}} | death_date = {{Death date and age|2009|7|20|1922|4|7}}
| death_place = Rancho Mirage, California | death_place = ], U.S.
| nationality = American
| other_names = | other_names =
| known_for = | known_for =
| occupation = Entertainment manager | occupation = Entertainment manager
}} }}
'''Stanley Herbert Polley''' (April 7, 1922 &ndash; July 20, 2009) was an entertainment manager active in the 1960s and 1970s. His clients included rock band ], musician ], singer ], singer-producer ], tv director Michael Cooper, arranger ], composer ] and ] disc jockey Bob Lewis. Multiple financial dealings by Polley were found to be irregular and to the detriment of his clients.<ref>{{cite web|last1=Suddath|first1=Claire|title=Breaking Badfinger: Who's Getting the Baby Blue Money?|date=October 4, 2013|url=https://www.bloomberg.com/news/articles/2013-10-04/breaking-badfinger-whos-getting-the-baby-blue-money|website=Bloomberg|publisher=Bloomberg LP|accessdate=January 13, 2017}}</ref> '''Stanley Herbert Polley''' (April 7, 1922 – July 20, 2009) was an American ] and ]ster active in the 1960s and 1970s. His clients included rock band ], musician ], and singer ]. Throughout his career, Polley defrauded a number of clients and associates, most notably Badfinger.


==Biography== == Early life ==
Polley was born on April 7, 1922 in New York City.{{sfnp|Matovina|2000|p=86|ps=}} After serving as a corporal in the ] during ], he practiced law and worked in retail shops before beginning his managerial career in New York's garment industry.{{sfnp|Matovina|2000|p=86|ps=}}
⚫ Polley was born on April 7, 1922 in ]. In the early part of his career he practised law and worked in retail shops before beginning his managerial career in New York's garment industry.{{sfnp|Matovina|2000|p=86|ps=}} He began artist management after he met Lou Christie in the mid-1960s. It was through his association with Christie that he met and began working with other artists in the New York and ] entertainment fields. Around 1968 Polley formed a company called ''Five Arts Management,'' for his work with Christie, Kooper, Calello, Cooper, Linzer and Lewis. He formed further companies for legal and accounting purposes to manage artists including composers ] and Larry Brown. In 1970, Polley registered ''Badfinger Enterprises, Inc.'' as a corporate entity for management of the British rock group Badfinger, which had no American representation at the time.{{sfnp|Matovina|2000|p=114|ps=}}


== Entertainment manager==
⚫ According to '']'', in 1971 Polley was named during US Senate investigation hearings as an intermediary between unnamed crime figures and a ] judge. Most of Polley's American clients said they were already suspicious of their manager by this point, but the publicity of the hearings convinced several to sever ties with him.{{sfnp|Matovina|2000|p=|ps=}}
Polley began artist management after he met Lou Christie in the mid-1960s. It was through his association with Christie that he met and began working with other artists in the New York and Los Angeles entertainment fields.


⚫ In 1968, Polley formed a company called ''Five Arts Management,'' for his work with singer ], musician ], arranger ], TV director Michael Cooper, composer ] and WABC disc jockey Bob Lewis. He formed further companies for legal and accounting purposes to manage artists including composers ] and Larry Brown. In 1970, Polley registered ''Badfinger Enterprises, Inc.'' as a corporate entity for management of the British rock group ], which had no American representation at the time.{{sfnp|Matovina|2000|p=114|ps=}}
⚫ In 1972, Polley negotiated a record contract with ] for Badfinger, which called for advances to be paid into an ]. In 1974, Warner's publishing division filed a lawsuit against Polley when it was unsuccessful in locating the funds. The legal morass crippled Badfinger financially;<ref>{{cite web|last1=Wood|first1=Chris|title=Badfinger's last original member still playing their music|url=http://www.bbc.com/news/uk-wales-35253779|website=BBC News|publisher=BBC|accessdate=January 13, 2017|date=January 30, 2016}}</ref> band leader ] committed suicide in 1975 leaving behind a note pointing the finger at Polley for his financial ruin.{{sfnp|Matovina|2000|p=282|ps=}} Bandmate ] committed suicide on November 19, 1983.{{sfnp|Matovina|2000|p=388|ps=}}


===Embezzlement ===
⚫ In 1991, Polley pleaded no contest to charges of misappropriating funds and money laundering in ]. Aeronautics engineer Peter Brock accused Polley of swindling him out of $250,000 after the two set up a corporation to manufacture airplane engines. Polley was placed on probation for five years and ordered by the court to return all missing funds to Brock, although the complainant said the restitution never materialized.{{sfnp|Brennan|2012|p=|ps=}}
⚫ In 1971, Polley was named during ] investigation hearings as an intermediary between unnamed crime figures and a ] judge. Most of Polley's American clients said they were already suspicious of their manager by this point, but the publicity of the hearings convinced several to sever ties with him.{{sfnp|Matovina|2000|p=|ps=}}


⚫ The following year, in 1972, Polley negotiated a record contract with ] for Badfinger, which had its advances paid into an ] belonging to Polley. In 1974, Warner's publishing division filed a lawsuit against Polley when it was unsuccessful in locating the funds. The legal morass crippled Badfinger financially;<ref>{{cite web|last1=Wood|first1=Chris|title=Badfinger's last original member still playing their music|url=https://www.bbc.com/news/uk-wales-35253779|website=BBC News|publisher=BBC|accessdate=January 13, 2017|date=January 30, 2016}}</ref> leading to band leader ] taking his own life on April 24, 1975. His suicide note directly blamed Polley for his financial ruin.{{sfnp|Matovina|2000|p=282|ps=}} Eight years later bandmate ] died by suicide on November 19, 1983.{{sfnp|Matovina|2000|p=388|ps=}}
⚫ Polley died at ], on 20 July 2009.{{sfnp|Matovina|2000|p=|ps=}}
⚫ ==References==
{{reflist}}


==Sources== ===Conviction===
⚫ In 1991, Polley pleaded ] to charges of misappropriating funds and money laundering in ]. Aeronautics engineer Peter Brock accused Polley of swindling him out of $250,000 ({{Inflation|US|250000|1991|r=-3|fmt=eq}}) after the two set up a corporation to manufacture airplane engines. Polley was placed on probation for five years and ordered by the court to return all missing funds to Brock, although the complainant said the restitution never materialized.{{sfnp|Brennan|2009|p=|ps=}}

==Death==
⚫ Polley died in ], on July 20, 2009.{{sfnp|Matovina|2000|p=|ps=}}

== Clients ==
Polley's clients included singer-producer ], the rock band Badfinger, musician ], singer ], Michael Cooper, ], ], ] and Bob Lewis. Multiple financial dealings by Polley were found to be irregular and to the detriment of his clients, scamming them and causing the acts to fall apart.<ref>{{cite web|last1=Suddath|first1=Claire|title=Breaking Badfinger: Who's Getting the Baby Blue Money?|date=October 4, 2013|url=https://www.bloomberg.com/news/articles/2013-10-04/breaking-badfinger-whos-getting-the-baby-blue-money|website=Bloomberg|publisher=Bloomberg LP|accessdate=January 13, 2017}}</ref>

⚫ == References ==
{{Reflist}}

== Sources ==
{{refbegin}} {{refbegin}}
*{{Citation|url=https://books.google.com/books?id=eAURGSMNfTUC|title=Without You: The Tragic Story of Badfinger|last=Matovina|first=Dan|date=1 January 2000|publisher=Frances Glover Books|isbn=9780965712224|language=en}} *{{Citation|url=https://books.google.com/books?id=eAURGSMNfTUC|title=Without You: The Tragic Story of Badfinger|last=Matovina|first=Dan|date=January 1, 2000|publisher=Frances Glover Books|isbn=978-0-9657122-2-4|language=en}}
*{{Citation|last=Brennan |first=Tom |url=http://badfinge.ipower.com/BadfingerLibraryNews.html |title=Badfinger Library news page|publisher=badfinge.ipower.com|date=1998-2012 |accessdate=28 November 2016}} *{{Citation|last=Brennan |first=Tom |url=http://badfinge.ipower.com/BadfingerLibraryNews.html |title=Badfinger Library news page|publisher=badfinge.ipower.com|date=1998–2012 |access-date=November 28, 2016 |ref={{sfnref|Brennan|2009}} }} <!-- the date of the relevant (more or less) post -->
{{refend}} {{refend}}

{{Authority control}}


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Latest revision as of 04:56, 10 December 2024

US entertainment manager and fraudster (1922–2009)

Stan Polley
Born(1922-04-07)April 7, 1922
New York City, U.S.
DiedJuly 20, 2009(2009-07-20) (aged 87)
Rancho Mirage, California, U.S.
OccupationEntertainment manager

Stanley Herbert Polley (April 7, 1922 – July 20, 2009) was an American entertainment manager and fraudster active in the 1960s and 1970s. His clients included rock band Badfinger, musician Al Kooper, and singer Lou Christie. Throughout his career, Polley defrauded a number of clients and associates, most notably Badfinger.

Early life

Polley was born on April 7, 1922 in New York City. After serving as a corporal in the U.S. Army during World War II, he practiced law and worked in retail shops before beginning his managerial career in New York's garment industry.

Entertainment manager

Polley began artist management after he met Lou Christie in the mid-1960s. It was through his association with Christie that he met and began working with other artists in the New York and Los Angeles entertainment fields.

In 1968, Polley formed a company called Five Arts Management, for his work with singer Lou Christie, musician Al Kooper, arranger Charles Calello, TV director Michael Cooper, composer Sandy Linzer and WABC disc jockey Bob Lewis. He formed further companies for legal and accounting purposes to manage artists including composers Irwin Levine and Larry Brown. In 1970, Polley registered Badfinger Enterprises, Inc. as a corporate entity for management of the British rock group Badfinger, which had no American representation at the time.

Embezzlement

In 1971, Polley was named during US Senate investigation hearings as an intermediary between unnamed crime figures and a New York Supreme Court judge. Most of Polley's American clients said they were already suspicious of their manager by this point, but the publicity of the hearings convinced several to sever ties with him.

The following year, in 1972, Polley negotiated a record contract with Warner Bros. Records for Badfinger, which had its advances paid into an escrow account belonging to Polley. In 1974, Warner's publishing division filed a lawsuit against Polley when it was unsuccessful in locating the funds. The legal morass crippled Badfinger financially; leading to band leader Pete Ham taking his own life on April 24, 1975. His suicide note directly blamed Polley for his financial ruin. Eight years later bandmate Tom Evans died by suicide on November 19, 1983.

Conviction

In 1991, Polley pleaded no contest to charges of misappropriating funds and money laundering in Riverside County, California. Aeronautics engineer Peter Brock accused Polley of swindling him out of $250,000 (equivalent to $559,000 in 2023) after the two set up a corporation to manufacture airplane engines. Polley was placed on probation for five years and ordered by the court to return all missing funds to Brock, although the complainant said the restitution never materialized.

Death

Polley died in Rancho Mirage, California, on July 20, 2009.

Clients

Polley's clients included singer-producer Hank Medress, the rock band Badfinger, musician Al Kooper, singer Lou Christie, Michael Cooper, Charles Calello, Sandy Linzer, Marty Ross and Bob Lewis. Multiple financial dealings by Polley were found to be irregular and to the detriment of his clients, scamming them and causing the acts to fall apart.

References

  1. ^ Matovina (2000), p. 86
  2. Matovina (2000), p. 114
  3. ^ Matovina (2000)
  4. Wood, Chris (January 30, 2016). "Badfinger's last original member still playing their music". BBC News. BBC. Retrieved January 13, 2017.
  5. Matovina (2000), p. 282
  6. Matovina (2000), p. 388
  7. Brennan (2009)
  8. Suddath, Claire (October 4, 2013). "Breaking Badfinger: Who's Getting the Baby Blue Money?". Bloomberg. Bloomberg LP. Retrieved January 13, 2017.

Sources

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