Charges Against Stanford a Long Time Coming, Offshore Banking Experts Say

Offshore banking experts say that the fraud charges this week against accused financial scammer R. Allen Stanford have been a long time coming. "There's no surprise at all," said Washington lawyer and IRS consultant Jack Blum. "This man has been on law enforcement's radar screen for the better part of 10 years." But the SEC didn't move forward until this week, after two former Stanford Financial whistleblowers filed an alleged lawsuit, which revealed how the bank lied about...Full Story
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