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Allen Stanford Sec Investigation

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...

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?

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...

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...

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.

Stanford Financial Auctions Some Assets

AP | TAMARA LUSH | Posted 05.25.2011 | Business

FORT LAUDERDALE, Fla. — Sal Lazzara needed some new office furniture. Thanks to a flamboyant financier's downfall, he found a matching set with ...

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...

James Davis, Stanford CFO, Cooperating With Investigators

AP | Posted 05.25.2011 | Business

DALLAS — The chief financial officer of the troubled companies owned by Texas billionaire R. Allen Stanford has promised full cooperation with f...

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...

Bush Stanford Connection: Dubya Congratulates Financier On St. Croix Expansion

businessinsider.com | 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

HuffingtonPost.com | 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.

Allen Stanford Victims Speak Out

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

CBS' Harry Smith spoke with a Mark Tidwell, a former vice president at Stanford Financial, who is suing the company for wrongful termination. Tidwel...

Nancy Pelosi, Bill Clinton's Allen Stanford Fan Fest, Politicians Hugged, Praise Alleged Con Man

ABC News | JUSTIN ROOD and BRIAN ROSS | Posted 05.25.2011 | Business

Accused con man R. Allen Stanford used corporate money to become a big man at last year's Democratic convention in Denver. A video posted on the fir...

Allen Stanford Owes Over $200 Million In Federal Taxes

AP | DANIEL WAGNER | Posted 05.25.2011 | Business

WASHINGTON — Public records show disgraced financier R. Allen Stanford owes hundreds of millions of dollars in federal taxes. The records show ...

Allen Stanford's Girlfriend Gaffe: Caught On Camera With Wives, Girlfriends Of English Cricketers

Huffington Post | Posted 05.25.2011 | Business

R. Allen Stanford, the Texas billionaire who has Antiguan citizenship, was charged Tuesday by the SEC for allegedly trying to bilk some 50,000 custome...

Allen Stanford Attorney Thomas Sjoblom Withdrew Days Before SEC Fraud Charge

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

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,...

John Conryn Vacationed In Caribbean On Texas Fraudster's Dime

TPMmuckraker | Posted 05.25.2011 | Politics

So we already knew that Allen Stanford -- the Texas banker charged by the SEC today with running an $8 billion "fraud of shocking magnitude" -- had so...

Seven Shocking Allen Stanford SEC Allegations

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

Federal regulators charged R. Allen Stanford and three of his companies with a "massive" fraud. According to the Securities and Exchange Commission's ...

R. Allen Stanford Under Investigation By The SEC, FINRA, FBI

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

UPDATE: Investors from as far as Columbia are converging on Antigua to try and reclaim their funds from billionaire money manager R. Allen Stanford, a...