Allen Stanford

News

1. Watchdog Blasts SEC's Handling of Stanford Ponzi Scheme

   Fri, 16 Apr 2010

   failures to take action sooner in the Allen Stanford ponzi scheme case . Federal regulators suspected for eight years that Allen Stanford was operating a ponzi scheme but argued against charges against Stanford – and then after leaving the agency
2. Allen Stanford's Investors Want Alleged Swindler's Political Donations Returned

   Thu, 25 Feb 2010

   with recovering money spent by Allen Stanford , the alleged mastermind of an More than $1.6 million from Stanford and his businesses went to fund rationale -- the contention that Stanford didn't actually get anything
3. Allen Stanford's Former Security Chief Claims Vindication in Acquittal

   Thu, 11 Feb 2010

   helping financier Allen Stanford hide evidence of against the two former Stanford security employees defendants worked for " Sir " Allen Stanford , who is charged of CDs from the Stanford International Bank , an off-shore
4. Holder: Palm Beach Is Madoff 'Ground Zero'

   Fri, 8 Jan 2010

   years on record for financial scams, Holder said. Allen Stanford , Tom Petters and, most recently, Fort Lauderdale attorney investment scam -- joined Madoff in notoriety, he said. Stanford is accused of running an $8 billion scheme, while
5. 
   Blago, Tiger, U.S. Contractors and Madoff Named Worst-Behaved

   Wed, 30 Dec 2009

   category, ahead of former AIG executive Joseph Cassano, Bank of America president Ken Lewis, accused scammer Allen Stanford and indicted hedge-fund billionaire Raj Rajaratnam. In the category of "sick and twisted" the winners were the
6. 
   Picture This: Top Slideshows of 2009

   Wed, 30 Dec 2009

   the U.S. 8) Wall St.'s Most Infamous Faces of the Year - Click here to see. From the flamboyant financier Sir Allen Stanford to Richard Fuld, the former CEO of the bankrupt Lehman Brothers, and, of course, the infamous Bernie Madoff
7. 2009: The Year of the Ponzi

   Fri, 25 Dec 2009

   Rogues' Gallery Sir Allen Stanford Size of Alleged Sir in financier Allen Stanford 's name was conferred cricket team. But Stanford became just plain of CDs from the Stanford International Bank , an off-shore

Videos

1. 
   Mini Madoff? Accused Investor Missing

   Thu, 19 Feb 2009

   Stanford 's bank was headquartered People familiar with Stanford 's background say what's drug money laundering. Stanford 's operation thrived I'd like to thank of the Stanford financial group or. Helping underwrite

   Stanford Financial Group found at 4:24

   democratic senator Chuck Schumer got 171000. We donated to carry it the Stanford's last effort to buy connections came this summer at the Democratic Convention in Denver. One website to Stanford's firm shows video of Stanford at the Democratic Convention. Being hugged by the speaker of the house Nancy Pelosi and thanks for his 150000. Dollar sponsorship of a big event there by former President Clinton. I'd like to thank of the Stanford financial group or. Helping underwrite this the national democratic institute which invited Stanford to speak. To a who's who of top Democrats now says it had no idea his company would suspect when they took his money. He really didn't have to make political contributions. The SEC was so slow to react to anything. But. There was no real problem form. SEC finally moved in on Stanford this week US marshals raided his offices in Houston Memphis and Tupelo Mississippi. It was a vindication for the two whistle blowers
2. 
   Manhunt for Accused Con Man

   Wed, 18 Feb 2009

   for Houston banker Allen Stanford . He disappeared Ross is here George Allen Stanford was a billionaire they invested the Stanford this was the scene like to thank of the Stanford financial group or. Helping underwrite

   Allen Stanford found at 0:02

   Out of the global manhunt for Houston banker Allen Stanford . He disappeared after being accused of a massive eight billion dollar fraud which could affect some 50000 clients from all over the world. Our chief investigative correspondent Brian Ross is here -- -- George Allen Stanford was a billionaire banker who promised investors their money would be safe. And certificates of deposits CD's US authorities now say it was a scam that could rival but Madoff affair. Carried out for years by a man with lots of friends in Washington. Today investors on six continents tried to find out what if anything. Was left of the billions of dollars they invested the Stanford this was the scene in the Caribbean island of Antigua but Stanford's operation is headquartered. Stanford recently posted to the BBC end of this spectacular financial performance years. We've been able to grow our business and you sit
3. 
   Obama's Rescue Mission: Will It Work?

   Wed, 18 Feb 2009

   for Houston banker Allen Stanford . He disappeared here would George Allen Stanford was a billionaire they invested the Stanford this was the scene like to thank of the Stanford financial group or. Helping underwrite

   Allen Stanford found at 5:40

   ABC news in Miami. Now to the global manhunt for Houston banker Allen Stanford . He disappeared after being accused of a massive eight billion dollar fraud which could affect some 50000 clients from all over the world. Our chief investigative correspondent Brian Ross is here would -- George Allen Stanford was a billionaire banker who promised investors their money would be safe. And certificates of deposits CDs US authorities now say it was a scam that could rival but Madoff affair. Carried out for years by a man with lots of friends in Washington. Today investors on six continents tried to find out what if anything. Was left of the billions of dollars they invested the Stanford this was the scene in the Caribbean island of Antigua -- Stanford's operation is headquartered. Stanford recently posted to the BBC and of his spectacular financial performance years. We've been able to grow our business and you sit down markets but in its complaint securities exchange commission lawyers say that rose a steady 15% a year was alive. Something in the SEC learned only after two former Stanford brokers in Houston. Mark to dwell and Charlie brawl came forward last year and blew the whistle in the lawsuit. The published returns that many advisors views to. To present to clients and prospects. That and we knew that information was incorrect they would lie about it. In that behavior just became more more preferable. US marshals today were hunting for Stanford who until recently was hardly camera -- living a flamboyant life as one of the world's richest man. Just last day He was profiled on CNBC that it is it fun being a billionaire. Well up. I have to say it is fun being a bit -- as law enforcement officials raised questions about him over the last ten years Stanford spent some eight million dollars in Washington on lobbyist and campaign contributions. Like most of the embarrassed recipients senator Bill Nelson. A Florida Democrat said today He would give the 47000. Dollars He received from Stanford to charity I've instructed my campaign to return every now. The website to Stanford's first those video Stanford at the Democratic Convention this summer being hugged by speaker of the house Nancy Pelosi. And thank for his sponsorship of a bigger -- by former President Clinton and like to thank of the Stanford financial group or. Helping underwrite this the national democratic institute which invited Stanford to speak now says it had no idea his company was suspect. The SEC fraud complaint may be released the Stanford's worries federal authorities -- tell ABC news that Stanford is under investigation by the FBI. In connection with the alleged money laundering scheme for Mexico's notorious Gulf Cartel. Authorities say the SEC action against Stanford may have complicated that federal drug investigation. And He is still on the loose Brian Ross thanks. On the money tonight more
4. 
   Business Report (06.19.09)

   Fri, 19 Jun 2009

   Texas banker Robert Allen Stanford will be in a federal courthouse today He'll be indicted on fraud charges Stanford along with several colleagues is already Exchange Commission. The FCC accuses Stanford of running an eight billion dollar

   Allen Stanford Stanford found at 0:06

   Texas banker Robert Allen Stanford will be in a federal courthouse today surrendering to the FBI. He'll be indicted on fraud charges Stanford along with several colleagues is already facing civil charges brought by the Securities and Exchange Commission. The FCC accuses Stanford of running an eight billion dollar Ponzi scheme. There was some good news for home buyers this week mortgage rates were down
5. 
   Nightline (12.30.09)

   Thu, 31 Dec 2009

   Greed sometimes. Is not good. So Allen Stanford who once traveled and private jets much like Bernie office. Unlike Stanford wanted to tell his side of the off lights and It's no home. Stanford was near tears when He talked to

   Allen Stanford Stanford found at 13:15

   lack a better -- Is good. Greed sometimes. Is not good. So Allen Stanford who once traveled and private jets and wore tailor made suits road to jail in an orange jumpsuit in the backseat of an FBI -- Accused of a seven billion dollar -- much like Bernie -- office. Unlike -- Stanford wanted to tell his side of the story I encountered him outside a Houston restaurant just before his arrest. There's a made off lights and -- It's no home. Stanford was near tears when He talked to me and became upset when asked about other allegations He helped to launder drug money.
6. 
   The 2009 Bernie Awards: Part 2

   Thu, 31 Dec 2009

   Greed sometimes. Is not good. So Allen Stanford who once traveled in private jets much like Bernie office. Unlike Stanford wanted to tell his side of the before his arrest. It's no home. Stanford was near tears when He talked to

   Allen Stanford Stanford found at 3:22

   lack a better word. Is good. Greed sometimes. Is not good. So Allen Stanford who once traveled in private jets and wore tailor made suits road to jail in an orange jumpsuit in the backseat of an FBI -- Accused of a seven billion dollar -- much like Bernie -- office. Unlike -- Stanford wanted to tell his side of the story when I encountered him outside a Houston restaurant just before his arrest. -- -- -- -- -- -- It's no home. Stanford was near tears when He talked to me and became upset when asked about other allegations He helped to launder drug money.
7. 
   World News (06.19.09)

   Fri, 19 Jun 2009

   of an FBI sedan in handcuffs. Allen Stanford did not speak in court as a judge Paul. Until earlier this year Stanford a former Texas sales and boasted following the American dream. Three of Stanford 's top executives were also arrested

   Allen Stanford Stanford found at 8:25

   Virginia courthouse today in the backseat of an FBI sedan in handcuffs. Allen Stanford did not speak in court as a judge ordered him sent to Texas. To be arraigned on a 21 count indictment that alleges He ran a seven billion dollar Ponzi -- This case of the typical Ponzi scheme. Robbing Peter to pay Paul. Until earlier this year Stanford a former Texas -- sales and boasted of being one of the richest men in the world who preferred to be called sir -- Prosecutors say his flamboyant jet -- lifestyle. Was built on billions of dollars He stole from customers who thought they were investing in certificates of deposit issued by his thing. Investors themselves cannot be put to fall particularly those who were making what they thought were very conservative and prudent investments following the American dream. Three of Stanford's top executives were also arrested today. As part of a the government said was a decade long international Ponzi scheme second only to that run by Bernie Madoff. In an interview with -- ABC news in April Stanford choked back tears as He denied the allegation. You hear them describe you as another bit off but you say it. It's better than hell. -- -- So Stanford's financial empire was headquartered in the Caribbean. On the island of Antigua a place of notoriously weak banking regulations for Stanford is also accused of paying bribes. As in the Madoff case the SEC had received and ignored warnings about Stanford's operation for years. Two and a half billion of additional apparently fraudulent securities. -- sold after the point that the SEC had become a serious investigation. Government prosecutors said today they have little hope of recovering much of that money the money that's just put the Stanford It's a sobering warning to American investors especially considering the fact that in the last eighteen months. The FBI has opened up