Cheryl Womack, American businesswoman
Verna Cheryl Womack (born December 31, 1950) is an entrepreneur who founded Kansas City, Missouri-based VCW and National Association of Independent Truckers, Inc. which became a $100 million a year business selling insurance to independent truckers before selling the companies to private equity investors Clayton, Dubilier & Rice. She become a major philanthropist in the Kansas City area. Among her donations was $2 million to the University of Kansas to build Arrocha Ballpark which is named for her father Demostenes Arrocha.
In 2013, she was indicted for hiding millions or dollars in income from taxes and lying to federal investigators about that. She pled guilty in 2016. In 2017m she was sentenced to one year and six months in federal prison without parol and ordered to pay $1,704,421 in restitution to the IRS.
1950Dec, 31
Cheryl Womack
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Events on 1950
- 23Jan
Jerusalem
The Knesset resolves that Jerusalem is the capital of Israel. - 9Feb
Joseph McCarthy
Second Red Scare: US Senator Joseph McCarthy accuses the United States Department of State of being filled with Communists. - 13May
Silverstone Circuit
The first round of the Formula One World Championship is held at Silverstone. - 11Jul
International Monetary Fund
Pakistan joins the International Monetary Fund and the International Bank. - 11Sep
Harry S. Truman
Korean War: President Harry S. Truman approved military operations north of the 38th parallel.