Final answer:
3) Albert B. Fall, the Secretary of the Interior under President Warren G. Harding, was convicted of accepting bribes in the Teapot Dome Scandal. He leased navy oil reserves to private companies in return for $300,000 in bribes and served a year in prison.
Step-by-step explanation:
The president involved in the Teapot Dome Scandal was Warren G. Harding, however, it was his Secretary of the Interior, 3) Albert B. Fall, who was convicted of accepting bribes. Fall had leased Navy petroleum reserves located at Teapot Dome, Wyoming, and two other sites in California to private oil companies without competitive bidding. For this corrupt act, he received significant sums in bribery, including $300,000 in cash and bonds, as well as a herd of cattle for his ranch.
Fall was ordered to pay a hefty fine of $100,000 and served a year in prison for his participation in the scandal. The public reaction to the scandal was significant, as these oil reserves had been held as an emergency resource for the U.S. Navy to ensure the country would not have to depend on foreign oil in times of war. This misuse of public lands for private gain remains a notorious example of government corruption.