The worst situation of all, however, was in Los Angeles. Original owners Alan Harmon and Bill Daniels sold the Express to mortgage banker J. William Oldenburg before the 1984 season. Swayed by Oldenburg's apparent net worth of $100 million, the USFL took his word as evidence that he would be a solid owner for one of its marquee franchises. However, in June 1984, investigations by the FBI, "The New York Times" and "The Wall Street Journal" revealed that the man who made waves by signing a roster of high-priced young talent did not have even a fraction of the money to buy the team. He abruptly walked away from the team during the playoffs. Gamblers minority owner Jay Roulier took over the team in October, only to be pushed out just months later when it emerged that he too had lied about his net worth. The league was forced to run the team on a shoestring that season.