Come to think of it, the perpetrator of Sharpstown was also a Mr. Sharp. I wonder if he was any relation to this guy, or the same guy?
The Sharpstown scandal invaolved an unchartered bank, land, water districts, etc. and took advantage of Strake Jesuit High School and Houston Baptist College, among other investors. The high school was so hard hit that the scandal reverbrated all the way to the Vatican. Basically the parents had to pay for the high school twice.