Allen Stanford Aided By Florida Regulators In Alleged Scam

Florida Regulators Gave Stanford 'Unprecendented' Power

Years before his banking empire was shut down in a massive fraud case, Allen Stanford swept into Florida with a bold plan: entice Latin Americans to pour millions into his ventures -- in secrecy.

From a bayfront office in Miami in 1998, he planned to sell investments to customers and send their money to Antigua.

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