The SEC saysthe real person in charge of The Eye Machine was Peter H. Pocklington, a one-time owner of the Edmonton Oilers hockey team. In 2015, itreleased a statementsaying it had acquired the assetsof a second company developing a macular degenerationtreatment device. If you win the Cup, your name will go down in hockey history. Marshals of the Pocklington home in Indian Wells, California, where a number of items belonging to his wife, including gowns, shoes and purses, as well as Andy Warhol prints of Mick Jagger, were seized. In their drunken state, the players forgot about the cup until they sobered up the next day. The company has continued to promote its progress as recently as November 2017, when it touted news of a safety certification. Circuit Court of Appeals reversed that ruling on appeal. A Grand Jury found he had failed to report his full assets and income, including two accountsat Palm Desert National Bank. The former Edmonton Oilers owner says he still has the record today. Having made a fortune in auto dealerships and real estate, high school dropout Peter Pocklington (Peter Hugh Pocklington) was one of the richest men in Canada when he and Nelson K. Skalbania cut a deal in October 1976 at a steak house before a group of reporters. Canmore - A 27-year-old man faces charges after a shootout between an officer and a suspect west of Calgary. And which team forgot they even won the Cup? He suffered a wound from a police. A California judge sentenced former Edmonton Oilers owner Peter Pocklington to six months in prison followed by a further six months house arrest for breaching his probation on a previous perjury conviction related to a bankruptcy fraud case. The first was Sylvain Lefebvre's daughter, who . His sentence included probation, community service hours and a $3,000 fine, according to the SEC lawsuit. He added that any errors were "born of inexperience and naivete, not malice or avarice", and were quickly rectified. When Cadieux saw a Palm Springs area code appear on his caller ID, he thought it might be a wrong number. He ran for political office. He subsequently sent letters to the editors of The Edmonton Sun. "We have done nothing wrong," Pocklington said in the release. The league. According to his biography, he offered a diamond ring his wife was wearing to dinner as his downpayment. By the mid-1990s, the Oilers were still losing money and Pocklington expressed an unwillingness to use his other businesses to bankroll his hockey team. Edmonton in the 1970s was experiencing explosive growth fuelled by an oil boom and several fortunes were made, not only by Pocklington but by the likes of Pat Bowlen, later owner of the National Football League's Denver Broncos. The judge however, noted the letters reflected that Pocklington had only spoken about how successful he was and made no mention of him expressing any remorse for his crime. "Our goal is unwavering. Eva PocklingtonDTR Holdings, Cobra Chemical and Gold Star Resources are each named as relief defendants in the SEC lawsuit, a status granted to people accused of receiving ill-gotten gains as a result of illegal actions taken by other named defendants. He publicly threatened to move the team to Hamilton and Minneapolis, but never made good on the threats. In 2008, an anonymous bidder offered $272,829 for the rings, but withdrew his bid amid rumours the rings were not the only set Pocklington had commissioned. The larger-than-life story of Peter Pocklington, the infamous former owner of the Edmonton Oilers, is being recreated on the smallest of scales. Some even hope to be able to lift the coveted silver cup above their heads. Only 52 names get to be on the cup, and those names have to actually be members of the team although someexceptions have been made. 2023 www.desertsun.com. Revolttg.com Review: How to Trade Stock Indices Successfully? When the Oilers, Hartford Whalers, Qubec Nordiques, and Winnipeg Jets were admitted into the NHL for the 1979-1980 season, each team was allowed to keep 2 goalies and 2 skill players. When the Oilers, Hartford Whalers, Qubec Nordiques, and Winnipeg Jets were admitted into the NHL for the 1979-1980 season, each team was allowed to keep 2 goalies and 2 skill players. (NHL). He still owes the Alberta government $13 million. In the summer of 2008, one of those suits resulted in raids by U.S. Georgette Fourel: Who Was The Wife of Henri Papillon Charriere? Hedeclared bankruptcy at his biggest holding company,sold the Oilers and shed a $750,000 wine collection, among other assets, according to a 2008 profile in The Globe and Mail. The former Edmonton Oilers owner wont be able to declare bankruptcy while his case is in court. Edmonton Oilers owner Peter Pocklington and his good friend Nelson Skalbania have a laugh together at a special event at the Convention Centre in Edmonton Alta., on March 29, 1984. The original is held in the Vault Room at the Hockey Hall of Fame. Lord Stanley of Preston, who was Governor General of Canada in 1892, bought the Cup on a trip to London. [15], On July 3, 2015, the Toronto Sun reported that the Ninth U.S. Buckle up, the story of Peter Pocklingtons rise from ambitious young man to a business leader and will drop this Monday March 16th, one a day for following 100 days. Outside of the hockey world, Pocklington has often been in the headlines. His remaining business empire was sold off piece by piece, including the Oilers and Trappers and Cambra Foods. One of his earliest business ventures was to find old cars on the farms around his maternal grandparents' home in Carberry, Manitoba, buy them for $25, then ship them to Ontario by train, where he sold them for upwards of $500. All information about Peter Pocklington can be found here including videos, news updates, interviews, reviews, and . He sold the team in 1998 and moved to California four years later. The state prosecutor recommended a six-month subpoena and a three-year probation period. "Peter not only donated over one million dollars and named one of the patient halls in honor of his wife Eva, but he freely gave of his time and business advice," Schwarzlose wrote. The assistant U.S district attorney who prosecuted the case had asked for nine months in prison, while Pocklington sought to avoid jail altogether so he could continue to care for his wife of 40 years, who has serious heart problems. The Stanley you see is the same Stanley that Wayne Gretzky and Mario Lemieux have lifted above their heads. by A.A. Cristi Jul.. A third local man named as a defendant in the lawsuit, Palm Springs-based CPA Terrence J. Walton, declined comment when reached by phone. It was quite the conversation. And Pocklington who lives in California apparently approves. If you haven't read the riveting book, I'd Trade Him Again, now is the time to pick up your copy to find out more about this Peter Pocklington's rising-from-the-ashes story. 4 x #StanleyCup Champion @nhl@DetroitRedWings @HockeyHallFame pic.twitter.com/KfOKh2cwIT Philip Pritchard (@keeperofthecup) March 31, 2020, A #happybirthday to the late great #mrhockey Gordie Howe. Updated hourly, with analysis, commentary and features from hundreds writers worldwide, our articles are read over 5 million times every month. Because of the West's dry, cold climate, the cars, many of them 25 to 40 years old, were in better shape than comparable vehicles that had been driven on Ontario's salted roads. In the end, Pocklington fell far below his expectations of delegates; one advisor jokingly guessed "99", Gretzky's sweater number, and Pocklington came close in receiving 102 delegates. The rings offered in 2008 and again in 2012 have been certified as authentic, he said.[9]. Or how many women have their names on the Cup? He first owned a steakhouse; then he made a fortune in selling cars; then he owned the new Edmonton Oilers on the cusp of them becoming an NHL team becoming one of the wealthiest men in Canada for a time. However, those investments yielded more heartache than profit, and what he claims was fiduciary malfeasance by some partners in these ventures left Pocklington the target of numerous lawsuits. In June 1988, Gretzky heard that Pocklington and Puck's old buisness parner Nelson Skalbania were trying to work a deal to move Gretzky to Vancouver, news which steamed Gretzky. [15], On October 8, 2014, Pocklington was the focus of a media opportunity organized by the Edmonton Oilers Hockey Club to promote the 30-year reunion of the 1984 Stanley Cup championship team. The team's success, however, could not offset its owner's financial woes. Peter Pocklingtons history in the desert can be traced back 40 years during which time he hobnobbed with former President Gerald Ford, lived in a luxurious condo in the Vintage Club and became ensnared ina series of legal battles. This would not have been memorable had they not forgotten the Cup on the side of the road. A few months later, Pocklington parlayed the Gretzky signing into a merger between the WHA and the National Hockey League (NHL); with this, the Oilers became members of the NHL. But appearances were deceiving,securities investigators allege. *This story was updated on Friday, April 13 with additional remarks from Sabby Jonathan. Eventually, he agreed to settle the strike and rehire the striking workers at the request of the Alberta government. [2] Crippled with a debt-servicing cost it did not anticipate and handicapped by inflated production costs created by the marketing board, Gainers immediately began to drown in debt. On October 8, 2014, Pocklington was invited back to Edmonton when the Oilers organized a 30-year reunion of their first Stanley Cup championship team. "[14], On December 6, 2013, the CBC reported Pocklington would appeal his sentence, had been released on $100,000 bail and would not be reporting to prison as ordered. Joel Cadieux, a Red Deer salesman and father of . In 1983, Pocklington entered the Progressive Conservative Party of Canada leadership convention. Skalbania bought the Indianapolis Racers in 1978, and signed 17 year old Sault Ste. The man who came to be known as "Peter Puck" bought part ownership of the Edmonton Oilers in 1976. The Edmonton Oilers for trading Wayne Gretzky (2005), The Puck Talks Here, The amazing life and turbulent times of Peter Pocklington, I'd Trade Him Again: Wayne Gretzky & Peter Pocklington, The Official YouTube Channel for Peter Pocklington, "Lego project depicting story of Peter Pocklington gets seal of approval from former Oilers owner", "Peter H. Pocklington, Former Director at The Betty Ford Center", "Hall of Fame covers Brad Aldrich's name on Stanley Cup", "Gretzky trade was 'no fun,' Pocklington recalls", "Edmonton Oilers history: Investors group completes purchase of NHL franchise from Peter Pocklington, May 5, 1998", "Pocklington Wins Appeal to U.S. Ninth Circuit Court", "United States, Plaintiff-Appellee, v. Peter Hugh Pocklington, Defendant-Appellant", "Peter Pocklington, ex-Edmonton Oilers owner, gets jail time", "Former Edmonton Oilers Owner Peter Pocklington Sentenced To Jail In California", "Peter Pocklington accepts "full responsibility" for his actions", "Former Oilers owner Peter Pocklington avoids prison", "Peter Pocklington wins appeal of probation violation ruling", "Peter Pocklington wins appeal of probation violation ruling in U.S. court", "Peter Pocklington and associate ordered to pay $5-million to settle securities fraud case in Arizona", "Ex-Oilers owner Peter Pocklington settles securities fraud case", "Former Edmonton Oilers owner Peter Pocklington ends legal battle with consent order", "Peter Puck: 'I really don't give a damn what some of the unwashed have to say', "Edmonton Oilers reunion: Standing ovation for Pocklington", "Former Oilers owner Peter Pocklington says thanks to fans and the Oilers organization for the 'spectacular' reunion show", "Ex-Edmonton Oilers owner seeking stem cell research to improve eye-sight", https://en.wikipedia.org/w/index.php?title=Peter_Pocklington&oldid=1141767827, This page was last edited on 26 February 2023, at 18:10. The District Court found that while I was on supervised release, I did not disclose sufficient information to the probation officer. The second was Tomas Holmstrms niece. Luckily for them, the Cup was sitting on a snow drift right where they left it. A decade later, he shocked fans by trading him to the Los Angeles Kings. "The Trade," as it is came to be known, so upset Canadians, one lawmaker demanded that the government buy Gretzky's contract so it could be sold to a Canadian team. This mispelling is another way to tell the Presentation Cup from the Replica Cup. Peter Pocklington, the man who launched the Edmonton Oilers dynasty, then loathed for decades for trading Wayne Gretzky, welled up with tears Friday when he came home to a standing ovation.. The Wanderers, as it so happens, are one of only two teams to have their names engraved on the original bowl of the Cup. Pocklington is most definitely accused of making false statements in bankruptcy and taking false oaths he filed for personal bankruptcy in 2019 and was also accused of failing to disclose two bank accounts as well as the contents of two storage units. Over the next 18 years, Pocklington also owned the Edmonton Trappers of baseball's Pacific Coast League, the Edmonton Drillers of the North American Soccer League and the National Professional Soccer League, the Edmonton Brick Men of the Canadian Soccer League, and the Kamloops Junior Oilers of the Western Hockey League. He is also a Canadian entrepreneur and a strong supporter of free-market capitalism. Discover today's celebrity birthdays and explore famous people who share your birthday. It was less than a year later thatPocklington started The Eye Machine, the SEC alleges. These were eventually returned. However, before the ransom could be paid, police snuck into the house and shot both Petrovi and Pocklington, wounding both men. In 2020, he was arrested at his Palm Desert home based on allegations he concealed assets during bankruptcy proceedings (Peter claimed to have debts of nearly $20 million and assets of only $2,900). The former Edmonton Oilers owner could face up to 10 years in federal prison. It was quickly recovered, but took another swim two years later. "They said, 'Take it or leave it,'" Pocklington told his biographers. Most hockey fans know that Lord Stanley of Preston purchased the Cup and that every year one team wins it and now gets to take it back to their hometowns. Comments are welcome while open. Also learn how He earned most of networth at the age of 80 years old? Similarly, in 2005, Pocklington gave his personal guarantee on a deal to buy The Ageless Foundation, a health products company. Pocklington is infamous in sports circles as the man who traded Wayne Gretzkyin 1988, but since then, the companieshe has bought and sold have won him a different kind of notoriety. "It literally stated, 'You become what you think about,' " Pocklington told his biographers. These videos, shot in the living room of Pocklington's Palm Desert home, were developed as part of a "reputation management" campaign that included accounts on Twitter (@IamPocklington) and Facebook (Peter Hugh Pocklington). Pocklington is best remembered as the owner of the NHL hockey team Edmonton Oilers from 1975 to 1998. While Pocklington remains a controversial figure in Canada because of the Gretzky trade, he has his fans, too. Pocklington was instead sentenced to house arrest and two years probation. In fact, during the 1962 playoffs, a Canadiens fan named Ken Kilander tried to steal the Cup and just walk out of the door with it. According to the Edmonton Journal, this was the second time the rings were put up for auction. He would almost sell the team to then Houston Rockets owner Les Alexander, and the team almost moved there until the team was bought by a locally-based investors group shortly before the team concluded its 1997-98 season in May 1998, which elected to keep them in Edmonton. He asked the ATB to convert the outstanding amount, about $120million into a conventional mortgage he could pay down. Box 500 Station A Toronto, ON Canada, M5W 1E6. Every hockey fan knows what the Stanley Cup is and hopes that their team will bring it home. 1971-72 New York Rangers: We Did It All Except Win, NHL Trade Bait List for the 2023 NHL Trade Deadline, Predators Trade Mattias Ekholm to Oilers for Big Return, Maple Leafs Trade Engvall to the Islanders, Wild Acquire Nyquist From Blue Jackets for a Draft Pick, Maple Leafs Acquire Schenn From the Canucks, Grading Rangers Blockbuster Trade for Patrick Kane, Wild Acquire Johansson From Capitals for a Draft Pick, Panthers Knight Getting Help Should Get Career Back on Track, Sabres Need to Make a Trade to Overcome Alex Tuch Injury, Islanders Depth Issues Coming to Surface Due to Injuries, Maple Leafs Cap Situation Indicates Dubas Isnt Done Yet, Ducks News & Rumors: Gibson, Zegras & More. The names have been spelledcorrectly on the replica. They managed to rack up a$156,679.74 tab at the bar that was partially helped by a $100,000 bottle of champagne. Palm Springs, Ca: Currently Peter Pocklington is a Retired Investor, Entrepreneur and Business Visionary. He was held ransom in his home, ran unsuccessfully for the leadership of the federal conservative party and has had numerous brushes with the law. Former Edmonton Oilers owner Peter Pocklington still owes the Alberta government more than $13 million from an unpaid 1988 loan for a failed meat-packing plant. I would just simply say, Peter, you are going to have a long time to think about whether this was worth it, for your whole life screwing people.. Peter Pocklington pled guilty to perjury: In 2008, Following a bankruptcy claim, the former Edmonton Oilers owner had to be bailed out of jail in California by his former general manager, Glen Sather for 1 million dollars. Instead, the government gave Gainers $55million at 10.5% interest, refusing to disband the marketing board. Peter Pocklington confessed to lying when he filed for bankruptcy that year. A statement by Pocklington's company was included in Canadian media accounts, which stated the allegations of wrongdoing have been laid to rest with the commissions decision. Being cooped up in the house during the pandemic inspired him to tackle a new project. Since then, Pocklington has had new business ventures. Eldred is also a trustee of the Palm Springs Art Museum. The court had earlier heard evidence that Pocklington had, over a 19-month period, failed to disclose hundreds of thousands of dollars of consulting fees paid to a company controlled by his wife, Eva. The Eye Machine told investors that it expected 28 percent of proceeds from capital raises would be used to pay commissions and other expenses. Article content. The first was Sylvain Lefebvres daughter,who was baptisedafter the Colorado Avalanche won in 1996. The money however, has not been repaid and the commission has joined Pocklingtons long list of creditors. "I thought I was bullet-proofuntil I was shot," Pocklington told his biographers. With Pocklington at the helm, the Oilers became one of the most dominant teams in the NHL with a legendary line-up. The names of players between 1928-29 and 1953-54 are at the Hockey Hall of Fame. Memos to would-be investors also mislead investors about where their money was headed, the SEC alleges. The Oilers lineup of stars was the thing of legends Paul Coffey, Jari Kurri, Grant Fuhr, Glenn Anderson, Mark Messier, and on and on. Why did the Cup change? They had gotten a flat tire and took the Cup out of the car to change the tire. Amy DiPierro covers real estate and business news at The Desert Sun in Palm Springs. One of his first business ventures was to locate old cars on the farms around Carberry, Manitoba (his maternal grandparents house) and buy them for $25, then ship them to Ontario by train, where he sold them for over $550. Twelve women have their names on the cup. ". You may even notice some coaches step back and let their players raise it first. Like the fact that two babies were baptized in the Cup. However, Pocklington had signed the phenom to a personal services contract. 13 Best Places for You, Top online casinos to try when travelling the UK in 2023, Quick Tips to Improve Your Next Online Casino Experience, 5 Things To Do On Your Phone When Youre Bored In Ontario. We have estimated Only one Canadian woman has her name on the cup:Sonia Scurfield, co-owner of the Calgary Flames during their 1988-89 win. In May, the Arizona Corporation Commission, the equivalent of a provincial security commission in Canada, ordered Pocklington and an associate to pay more than $5 million US tosettle a securities fraud case. We reserve the right to close comments at any time. As such, I am my wifes primary caregiver, Pocklington stated in an affidavit. The team's success, however, could not offset its owner's financial woes. (NHL). Pocklingtons life experiences were extensively documented in the 2009 biography, Id Trade Him Again: On Gretzky, Politics and the Pursuit of the Perfect Deal, written by Terry McConnell and Jlyn Nye. He brought Wayne Gretzky to the team in the 1979. When search suggestions are available use up and down arrows to review and enter to select. All information about Peter Pocklington can be found here including videos, news updates, interviews, reviews, and . After the Edmonton Oilers won their first Stanley Cup in 198384, Peter Pocklington included his father, Basil Pocklington, on the list of people and players who were to have their names engraved on the trophy. He hopes his followers will enjoy the work as much as he does. Before a game he asked Wayne if he was feeling good tonight, & 99 responded that he did. In 2014, out of an unassumingoffice on Highway 111, a startup called The Eye Machine set out to treat macular degeneration, adisease that clouds its victims'eyes until theyblurto partial blindness. Pocklington was born in Regina, Saskatchewan, to Basil Cohen Pocklington, an insurance executive who had immigrated from England as a young man, and his wife, Eileen (Dempsey), and grew up in London, Ontario.[1]. He was 46 years, 6 months when he won the cup with Detroit in 2008.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'thehockeywriters_com-leader-3','ezslot_19',832,'0','0'])};__ez_fad_position('div-gpt-ad-thehockeywriters_com-leader-3-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'thehockeywriters_com-leader-3','ezslot_20',832,'0','1'])};__ez_fad_position('div-gpt-ad-thehockeywriters_com-leader-3-0_1');.leader-3-multi-832{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:250px;padding:0;text-align:center!important}. First, the 1907 Montreal Wanderers left it at the home of their team photographer. By the time Pocklington was 25, he owned his first car dealership, Westown Ford in Tilbury, Ontario. Pocklington owes the government more than $13 million from an unpaid 1988 loan to his meatpacking business. In an emailed response to questions The Desert Sun sent toNova Oculus representative Roger Gillott, Pocklington confirmed that he is a donor and former board member of the Betty Ford Center and againdenied the SEC's allegations. In 1998, after selling the Oilers, Pocklington moved to the U.S. with his wife Eva, and settled in Palm Desert, California. The address is also used on filings with the SEC. At least swimming with Haek was better than spending an entire night in the Ottawa canal. But Pocklington was in the shower. Supported by future Hall of Famers Jari Kurri, Mark Messier, Glenn Anderson, Paul Coffey, and Grant Fuhr, Gretzky spearheaded the Oilers to 4 Stanley Cups in 5 years. , not malice or avarice '', and signed 17 year old Sault Ste 2008 and again 2012! Than spending an entire night in the 1979 state prosecutor recommended a subpoena! 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