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Allen Stanford

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.

Ponzi Schemer's Alleged Cohorts Face Charges

Reuters | Posted 10.31.2012 | Business

WASHINGTON, Aug 31 (Reuters) - U.S. securities regulators charged former officials of Stanford Group Co for their role in the demise...

VOTE: The Worst Financial Scandal Of All Time

The Huffington Post | Mark Gongloff | Posted 08.13.2012 | Business

Lots of people out there are saying the Libor scandal is the worst financial scandal of all time. But how can we even know such a thing? There's only ...

110 YEARS IN PRISON

AP | JUAN A. LOZANO | Posted 08.14.2012 | Business

HOUSTON -- Former jet-setting Texas tycoon R. Allen Stanford had plenty of things to say Thursday before a federal judge sentenced him to 110 years in...

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.

Victims: Ponzi Schemer's Conviction Is 'Bittersweet'

AP | JUAN A. LOZANO | Posted 05.07.2012 | Business

HOUSTON — A prosecutor asked jurors on Wednesday to allow federal authorities to seize $330 million from nearly 30 accounts controlled by convic...

The Wheels On the Justice Bus Go Slowly Round And Round

The Huffington Post | Mark Gongloff | Posted 03.07.2012 | Business

You need eight ounces to make a cup, but only seven and a half things are necessary for knowing each day. Here's your daily allotment: Thing One: S...

Houston Financier Convicted Of $7 Billion Investor Fraud

AP | JUAN A. LOZANO | Posted 05.06.2012 | Business

HOUSTON — Texas tycoon R. Allen Stanford spent more than 20 years charming investors, who handed him billions of dollars they had spent their li...

Marcus Baram

Volcker Rule Limps To Finish Line

HuffingtonPost.com | Marcus Baram | Posted 01.18.2012 | Business

"The Watchdog" is back off the leash, with more bark and bite. After a six-month break to focus on some other duties here at HuffPost, I'm happy to be...

SEC Ramping Up Efforts To Stop Hedge Fund Fraud

The Huffington Post | Alexander Eichler | Posted 12.28.2011 | Business

Memo to hedge fund managers: It's a bad time to try to overachieve. The Securities and Exchange Commission is cracking down on hedge fund fraud, and t...

Former S.E.C. Official Subject Of Criminal Probe

Reuters | Sarah N. Lynch | Posted 07.14.2011 | Business

WASHINGTON (Reuters) - Federal criminal authorities are investigating whether a former U.S. securities regulator inappropriately represented alleg...

PRISON MATES

Posted 05.25.2011 | Business

Jailed financier Allen Stanford has been moved to a prison hospital in Butner, North Carolina, to treat his addiction to anti-anxiety medication, ac...

Accused Ponzi Schemer Stanford Sues Fed For $72 Billion

AP | JUAN A. LOZANO | Posted 05.25.2011 | Business

HOUSTON — Jailed Texas financier R. Allen Stanford has filed a lawsuit accusing prosecutors and federal agents of depriving him of his constitutiona...

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 medica...

Alleged Ponzi Schemer Stanford Ruled Unfit To Stand Trial

AP | JUAN A. LOZANO | Posted 05.25.2011 | Business

HOUSTON — A judge has ordered that former Texas billionaire and financier R. Allen Stanford, awaiting trial on charges he bilked investors out o...

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 Fina...

Allen Stanford's Execs Knew He Was Bilking Investors, Witness Says

AP | JUAN A. LOZANO | Posted 05.25.2011 | Business

HOUSTON — Executives who worked with Texas financier R. Allen Stanford were aware of problems at his now defunct Caribbean bank, including fabri...

Madoff: "Screw the Victims"

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

I just returned from Nino's in Manhattan, where the authors of The Club No One Wanted to Join gathered to discuss their book. They are a group of twenty-nine investors in Madoff's Ponzi scheme.

Jason Linkins

SEC IG's Report On Allen Stanford Investigation Underreported

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011 | Media

As big a fan as I am of strong financial regulatory reform, I'm also something of an SEC skeptic, dating back to that time President Barack Obama appo...

Stanford, Texas Billionaire, Attempts To Get Out Of Jail A Third Time

AP | JUAN A. LOZANO | Posted 05.25.2011 | Business

HOUSTON — Texas financier R. Allen Stanford's attorneys said Tuesday that jail has reduced their client to a "wreck of a man" who is severely de...

Rep. Gregory Meeks Travelled On Tab Of Conman Allen Stanford

on the tab of con artist | By Greg B. Smith | Posted 05.25.2011 | New York

Queens Democrat, Rep. Gregory Meeks, sometimes accompanied by his wife, Simone-Marie, took six trips to sun-drenched locales from Antigua to St. Lucia...

Geithner Aides Got Rich At Banks And Hedge Funds

Robert Schmidt | Posted 05.25.2011 | Business

Oct. 14 (Bloomberg) -- Some of Treasury Secretary Timothy Geithner's closest aides, none of whom faced Senate confirmation, earned millions of dollars...

Pete Sessions To Stanford: 'I Love You'

Miami Herald | By MICHAEL SALLAH and ROB BARRY | Posted 05.25.2011 | Politics

Just hours after federal agents charged banker Allen Stanford with fleecing investors of $7 billion, the disgraced financier received a message from o...

Pete Sessions Spokesman Defends 'I Love You' Email To Allen Stanford

Posted 05.25.2011 | Politics

The Miami Herald reported on Sunday that Rep. Pete Sessions (R-Tex.) once penned a love note of sorts to jailed financier Allen Stanford. "I love yo...