James Minder resigned as CEO of Smith & Wesson at age 74, the country’s second-biggest handgun maker, when it was revealed he worked his way through the University of Michigan as a stick-up man. Minder spent 15 years in Michigan prisons for armed robberies and an attempted prison escape.
But wait, there’s even more to the story.
See Kim Clarke and James Tobin, “The Robber’s Third Chance“, University of Michigan Heritage Project.
Sources :
Historical Society of Michigan
“Smith & Wesson chief quits over crime; Chairman of the nation’s No. 2 gun maker resigns over past armed robbery; company names new chief”, CNN Money, February 27, 2004.