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Obama Campaign Pocketed Ponzi Schemer Cash

The Center for Public Integrity | Posted 01.23.2014 | Politics
The Center for Public Integrity

Obama isn't the only politician who has declined to return Stanford campaign contributions to help make Stanford's defrauded investors whole. A total of 39 candidates and committees have kept their campaign funds despite the pleas by the receiver.

Convicted Ponzi Schemer Blames U.S. For Destroying His Business

Reuters | Posted 06.14.2012 | Business

Allen Stanford, facing sentencing for running a $7 billion Ponzi scheme, on Thursday blamed the U.S. government for ruining his business and said he n...

Politicians Won't Return Ponzi Payoffs

Michael Winship | Posted 05.09.2012 | Politics
Michael Winship

Texas financier Robert Allen Stanford was convicted on 13 out of 14 criminal counts of fraud. But what most stories failed to mention was the large amount of his clients' cash that was spent on campaign contributions, greasing the corrupt nexus of money and politics for personal gain.

Why Stanford's Pyramid Scheme Is a Problem for You Too

Jack Ucciferri | Posted 05.07.2012 | Business
Jack Ucciferri

The story here isn't Stanford. The story is the SEC. Why should individual investors trust they are getting due protection when evidence of regulator corruption is all around them?

Obama To Alleged Ponzi Schemer: You're Not Getting This Money Back

Reuters | Posted 04.15.2012 | Business

(Adds dropped letter in paragraph 10) * Stanford receiver seeks return of campaign donations * Obama campaign donated St...

How Ex-SEC Officials Aided A Ponzi-Schemer

Reuters | Posted 03.28.2012 | Business

(Refiles to fix typo in story list) * Former SEC attorneys worked for Ponzi-scheme suspect By Murray Waas ...

Denied Bails

Posted 05.25.2011 | Business

NEW YORK: Allen Stanford, the financier accused of running a $7 billion Ponzi scheme, has been denied bail by a federal appeals court. Monday's rul...

Accused Ponzi Schemer Stanford Heads To Prison Hospital

Posted 05.25.2011 | Business

Allen Stanford, accused of a $7 billion Ponzi scheme, is on the way to a prison hospital to receive treatment for addiction to anti-anxiety medication...

Alleged Ponzi Schemer Too Drugged for Trial, Lawyer Says | Laurel Brubaker Calkkins | Posted 05.25.2011 | Business

Dec. 7 (Bloomberg) -- Jailed financier R. Allen Stanford is too heavily medicated to prepare for or testify at his January trial on charges he led a $...

SEC May Charge Allen Stanford's Brokers

Posted 05.25.2011 | Business

HOUSTON: U.S. regulators have notified some brokers who worked for indicted financier Allen Stanford that they may face civil fraud charges, the Finan...

Allen Stanford Stripped Of His Knighthood

Houston Chronicle | Posted 05.25.2011 | Business

ST. JOHN'S, Antigua -- Disgraced Texas financier R. Allen Stanford is being stripped of his knighthood in the Caribbean nation of Antigua and Barbuda,...

Madoff the God of Plunder

Daniel Bruno Sanz | Posted 05.25.2011 | Business
Daniel Bruno Sanz

Viewing Wagner's opera as a non-musician and member of the audience, it speaks to me about the leitmotif of avarice and Bernard Madoff.

New Documents on Accused Ponzi Schemer Allen Stanford: Did Bush's Justice Dept. Take "Appropriate Investigative Steps"?

Aram Roston | Posted 05.25.2011 | Business
Aram Roston

An Antiguan American lawyer has given me documents that laid out allegations to the Justice Department five years ago that Stanford was corrupting Antigua officials, and potentially violating the Foreign Corrupt Practices Act.

Allen Stanford In Chains As He Arrives In Court (VIDEO)

Posted 05.25.2011 | Business

HOUSTON (AP) -- Billionaire R. Allen Stanford arrived at a federal courthouse Thursday wearing handcuffs and leg chains as he faces charges of fraud a...

WATCH: Allen Stanford, Alleged Ponzi Schemer, Talks To CNBC

Huffington Post | Posted 05.25.2011 | Business

Allen Stanford, the financier who has been accused of an $8 billion ponzi scheme by the Securities and Exchange Commission. After remaining mum on t...

Allen Stanford, Alleged Fraudster, Accuses SEC Of Gestapo Tactics

New York Times | CLIFFORD KRAUSS | Posted 05.25.2011 | Business

HOUSTON -- As R. Allen Stanford, the Texas billionaire accused of masterminding an $8 billion Ponzi scheme, tells his side of the story, regulators ar...

Antiguan On Life After Allen Stanford

Huffington Post | Carrie Crotty | Posted 05.25.2011 | Business

Yesterday, Antiguans voted in one of their most contentious elections in years. Allen Stanford, who allegedly ran an $8 billion ponzi scheme, was clos...

Allen Stanford Bathroom Tiles

Bad Idea Magazine | Posted 05.25.2011 | Business

Following on from the Bernard Madoff-branded emergency kit and sweater, eBay is now providing the opportunity to deck your bathroom out with a financi...

U.S. Charges Stanford With "Massive Ponzi Scheme"

Reuters | Anna Driver | Posted 05.25.2011 | Business

U.S. securities regulators on Friday accused Texas billionaire Allen Stanford, his college roommate and three of their companies of carrying out a "ma...

Please Raise My Taxes President Obama

Michael B. Laskoff | Posted 05.25.2011 | Politics
Michael B. Laskoff

When I was at Harvard Business School, we inherited a joke that has passed from class to class. It goes something like this: the whole HBS education c...

Bush Stanford Connection: Dubya Congratulates Financier On St. Croix Expansion | Joe Weisenthal | Posted 05.25.2011 | Business

George W. Bush spoke at a reception for fraudster Allen Stanford in 2006. He was just one of many politicians in Stanford's web, but it makes sense th...

Jason Linkins

Uncovered: Houston Chronicle Ran Alarming Stanford Expose In 2000 | Jason Linkins | Posted 05.25.2011 | Media

Rolling up Stanford Financial would have been an excellent, and subtle way of noting that times have changed. As usual though, reality isn't that simple.

Stanford, Madoff Scandals Show Need for Campaign Finance Reform

Duncan Quirk | Posted 05.25.2011 | Politics
Duncan Quirk

Senators and Representatives are elected to represent their constituents, so why should Madoff and Stanford and others be allowed to donate to campaigns for which they are not constituents?

Allen Stanford's Yacht, Private Jet And Other Toys

Clusterstock | Jay Yarow | Posted 05.25.2011 | Business

The busted financier Sir Allen Stanford had a net worth over $2 billion according to a Florida paternity lawsuit and a Texas divorce lawsuit. How did...

The Poor Victims of "Sir" Robert Allen Stanford—Really?

David Bourgeois | Posted 05.25.2011 | Business
David Bourgeois

The saps were lured into this Ponzi scheme with the elixir of unrealistic riches; their thirst for off-the-charts financial gains blinded them to the obvious scam going on right under their noses.