1.0 link 168342 <![CDATA[Allen Stanford Found In Virginia]]> http://www.huffingtonpost.com/2009/02/19/allen-stanford-found_n_168342.html R. Allen Stanford, the Texas billionaire who has been on the lam since the SEC charged him for fraud on Tuesday, has been found in Virginia.

MSNBC is reporting that the "FBI served civil papers" to the banker, who is accused of trying to bilk 50,000 clients out of $8 billion.

UPDATE 12/19 8:15PM:

Stanford is not under arrest and is not in custody because he has not been charged with any crime, according to the AP:

A law enforcement official said the...
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