The Blotter: Brian Ross Investigates

Found! Accused Scammer Stanford Turns in Passport in Washington

The billionaire banker accused of scamming $8 billion, R. Allen Stanford, was located by FBI officials today and served with civil papers by the SEC, putting an end to a nationwide search. Stanford later turned in his passport to federal prosecutors, saying "he would not flee," according to one of Stanford's lobbyists, Ben Barnes. Watch the full story tonight on World News with Charles Gibson at 6:30 p.m. ET. Stanford was located in the Fredericksburg, Virginia area, the FBI said in a...Full Story
Commenting on this article is closed.
Member Comments (78)
 
ABC News on Facebook
Connect with Us
Social Tools Facebook Twitter Twitter Connect with Us YouTube RSS
ABC News Newsletters