At the ParisOlympics, Helffrich ran the second leg in the American 4x400 m relay team, which won the gold medal with a new world record of 3.16.0.
Helffrich was also the only American runner to defeat famous Paavo Nurmi, when he toured in United States in 1925, scoring a victory in the 880 yd run.
After his running career, Helffrich officiated at athletics meets in New York City from 1930 to 1955 and served, until his death, as president of the New York Chapter of the United States Olympians.
Alan Boone Helffrich (August 7, 1900 – February 3, 1994) was an American athlete, winner of gold medal in 4x400 mrelay at the 1924 Summer Olympics.
Born in Yonkers, New York, AlanHelffrich was one of America’s greatest middle distance runners in the 1920s.
Helffrich was also the only American runner to defeat famous Paavo Nurmi, when he toured in United States in 1925, scoring a victory in the 880 yd run.
Helffrich, while a registered floor broker at the Chicago Board of Trade, transferred winning trades from his customers’ accounts into his own trading account and “parked” his own losing trades in their accounts, all to cover up mounting losses and to inflate the value of his own personal trading accounts.
Helffrich caused trading losses of over $866,000 to two large grain dealers, and to Helffrich’s employer, who ultimately repaid the customers.
The judge cited the following facts: Helffrich continuously lied to his customers about what happened to the trades; failed to tell customers that the trades were in his own account; and could have fixed any mistakes promptly, had they actually been errors, but did not do so for weeks or months, or sometimes at all.
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