Ruth Handler company, Ruthton Corp., formed by her and Peyton Massey, which manufactured a more realistic version of a woman's breast, called "Nearly Me". She personally fitted one for the then first lady, Betty Ford. In 1974, Handler resigned from Mattel after investigations of producing fraudulent financial reports. In 1978, Handler was charged with fraud and false reporting to the Securities and Exchange Commission. She pleaded no contest, was fined $57,000 and sentenced to 2,500 hours of community service.She blamed her illness for making her "unfocused" on her business. Though the Handlers took a more hands-off approach to their company's business practice
Richter (toy company) Richter (toy company) F. Ad. Richter & Cie was founded and owned by Friedrich Adolf Richter. This German manufacturer produced many products, including pharmaceuticals, music boxes, gramophones, and Anchor Stone building sets. He established his main factory in Rudolstadt, Germany. In addition the company had factories in Vienna Austria, Nuremberg Germany, New York City USA, and St. Petersburg, Russia. In addition the company had operations for internal supply in Konstein, Germany (glass bottles) and Leipzig, Germany (publishing - printing was done in Rudolstadt). Friedrich Adolf Richter was born 1847 in Herford, North Rhine-Westphalia and died 1910 in Jena. The Anker