The Blotter: Brian Ross Investigates

Feds Interview Accused Fraudster's Dad

James Stanford, father of accused billionaire fraudster R. Allen Stanford, met Tuesday with federal officials in Waco, Tex. who are probing his son's alleged multi-billion-dollar swindle. Stanford, 81, responded to a subpoena from lawyers with the Securities and Exchange Commission. The SEC last week filed a civil complaint against his son, accusing him of bilking tens of thousands of investors out of roughly $8 billion. The elder Stanford is a member of the board of Allen's firm, Stanford...Full Story
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