After moving to La Jolla in the late 1960s, I regularly spied a deep blue 600 Pullman being chauffeured around the village. The rear curtains were always closed. It wasn't long before I was informed that the enigmatic Clifford Graham was the car's passenger. Graham was the founder of a chain of photo-processing stores known as Fotomat. Each day he was driven into town from his home (the old Bing Crosby estate) in Rancho Santa Fe. Graham liked the high life! He claimed that his very Pullman was acquired from the Vatican and had previously whisked the Pope hither and yon. Who knows?
Fotomat went public in 1970 or 1971 and shareholders eventually became disenchanted with Graham. After his ouster from Fotomat, Graham founded Au Magnetics in the early 1980s. He was written-up in the local newspapers as the man with the Midas touch. Supposedly this new company had a secret process to extract gold from sand. After bilking investors in Au Magnetics for as estimated $10-15,000,000, Graham disappeared while under federal investigation. He was subsequently indicted for various tax and securities violations. He has never been seen since.