Allen Stanford Attorney Thomas Sjoblom Withdrew Days Before SEC Fraud Charge

R. Allen Stanford spent the weeks before the SEC charged him with fraud assuring clients that their money was safe. His Washington, D.C.-based lawyer, meanwhile, was
disavowing everything he had previously told authorities.

Just days after Thomas Sjoblom, of the law firm Proskauer Rose, stepped down, federal authorities pounced, according to Bloomberg.

"The attorney's withdrawal is a massive red flag" that "screams fraud," said Peter Henning, who teaches criminal and securities law at Wayne State University in Detroit. "If the SEC hadn't turned up the heat by that point, it did then."

For the Seven Most Shocking Stanford Suprises, check here.

For more on Stanford's political donations, check here.

The Huffington Post intends to dig deeper into this story, and we need your help. If you have invested with Stanford or know about the bank's business practices, we want to hear from you. Email us at [e-mail].

If you have invested with Stanford, let us know about your returns on investment. Have you tried to get your money back and been rebuffed? What have you been told about the bank's portfolio? How long have you been invested with him?

If you know Stanford personally, tell us about him.

Email your insights to [e-mail]

Comments

[iviewit]

05:08 PM on 02/20/2009

hmmm. Proskauer Rose is defending THEIR clients in the Madoff scam, with one Proskauer attorney calling it a financial 9/11 for their clients. On the other hand, Proskauer is the attorney for Stanford. On yet a third hand, Stanford lied about his investment­s in Madoff. A poem for Proskauer
Crooked Law Firm sat on a wall.
Crooked Law Firm had a great fall.
All the king's horses and all the king's men
Couldn't put Proskauer Rose together again

[iviewit]

05:04 PM on 02/20/2009

For the real jiggy on whose behind the Madoff affairs check out http://onl­inejournal­.com/artma­n/publish/­article_43­85.shtml

[iviewit]

05:01 PM on 02/20/2009

Proskauer Rose Panic Causes SEC Alert

Did I hear Proskauer Rose, Thomas Sjoblom, a partner at Proskauer, had represente­d Stanford until last week, when he withdrew as his lawyer as he was supposed to document assets throwing a red flag. If Proskauer is involved they may have spearheade­d this financial scam & then tried to flee the ship as the feds came in. The lawyer not knowing if he should burn or drown, exposed the crime not in Whistleblo­wer fashion but through his panic. Proskauer is also in a trillion dollar fed lawsuit in the Sec. Circuit Court of Appeals Docket 08-4873-cv & USDC - SDNY (07cv11196­) Bernstein v Appellate Division 1st Dept, legally related to a Whistleblo­wer case (07cv09599­) Anderson v The State of New York,

In an opinion from the lower court Judge Shira Scheindlin proclaims in her order that the case is about "murder". Did I hear the auditor, Charleswor­th Hewlett for this Stanford firm just died on Jan. 1st 2009. hmmm. http://www­.guardian.­co.uk/spor­t/2009/feb­/18/allen-­stanford-c­as-hewlett

In a letter to Pres Barack Obama, US Attorney Eric Holder was invited to join the lawsuit on behalf of the interests of the US. An inventor, Eliot Bernstein'­s car was blown up to attempt to force the lid on the crimes, images of car bombing and more on Proskauer @ www.iviewi­t.tv perhaps this is root of evil. More http://exp­osecorrupt­courts.blo­gspot.com/­2009/02/li­ngering-qu­estion-wha­t-were-law­yers.html

[LRM216]

02:09 PM on 02/18/2009

And another one bites the dust.... How, how, how are they able to pull these things off ? They are coming out of the woodwork - how frightenin­g it truly is.

[eugenegerard]

02:51 PM on 02/18/2009

There are hundreds of these guys. The Republican criminal enterprise made this stuff the thing to do. It has bankruppte­d the WORLD. Riots in Latvia, Ireland and Iceland.

[magibrotherhood]

12:38 PM on 02/18/2009

Paraguay is going to get awfully busy with all the b.u$Co. crime syndicate fleeing the country out ahead of the indictment­s--------j­ust like the n*z.is of ww11.

[eugenegerard]

10:06 AM on 02/18/2009

He's probably on vacation on the Bushes estate in Paraguay.