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Credit Mobilier Scandal (jan 1, 1864 – jan 1, 1867)

Description:

The scandal was a 2-part fraud by Union Pacific Railroad and the credit mobilier of America Construction company in the building of the Eastern portion of the first transcontinental railroad

Credit Mobiler of America was a company created by Union Pacific Railroad that artificially inflated the prices of construction in order for the company to make more money

Added to timeline:

Date:

jan 1, 1864
jan 1, 1867
~ 3 years

Images: