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 submissions+Stanford@huffingtonpost.com.
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.
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