"Alright Albert, I give you and the Inferior Cabinet Control of the Reserves. It will be less work for me, and I trust you."
Albert Fall, Secretary of the Interior, convinced President Harding to transfer control of Navy Oil Reserves to the Inferior Cabinet members. Once the power was transferred, deals and bribes between him and other major oil companies started to make money for his benefit.
Teapot Dome Scandal By-Sydney Langemo
Albert Fall started his deals with two companies: Mammoth Oil Company, and the Pan-American Petroleum Company. Later a deal was also added with Sinclair Oil. Within these deals, he made over $500,000 from leases with these companies.
Mammoth Oil Company Dealer-"Deal"
California, Oil Reserves for the U.S. Navy
"$100,000 and you can take the oil!"
Later, around 1923, there were sightings of Sinclair Oil trucks at the reserves. These areas were meant to be solely for the U.S. Navy, so any trucks there at this point raised suspicion. This started investigations.
Through investigations, Albert Fall, and Harry Sinclair(the owner of Sinclair Oil), were accused and fined. Fall was forced to pay $100,000 and spend a year in jail. Sinclair was also fined, but only sentenced a little over a 1/2 a year in a county jail.