Allen Stanford News
Pete Cowen never lost faith in Henrik Stenson
SPRINGFIELD, N.J. -- The sound, as difficult as it may be to describe, snaps you to attention. It is recognizable for being different, rare. Those who follow the game closely, and certainly those who play it at a high level, are keenly aware of this sweet noise, one that emanates when clubface
Bernie Madoff Sleuth Harry Markopolos Warns of 3 New Ponzi Scams
At least three major Ponzi schemes are currently scamming American investors, according to Harry Markopolos , the man whose warnings about the Bernard Madoff Ponzi scheme were ignored by the Securities Exchange Commission (SEC). “I’m working on three multi-billion dollar Ponzi schemes today,”
Sir Allen Stanford Guilty in $7 Billion Ponzi Scheme
Flamboyant financier Allen Stanford once told ABC News Chief Investigative Correspondent Brian Ross he would "die and go to hell" if his $7 billion investment empire was a Ponzi scheme. The 61-year-old may not be going to hell, but he could well be spending the rest of his life in prison. On
Accused Ponzi Schemer Lying About Having Amnesia, Say Prosecutors
Federal prosecutors say R. Allen Stanford , the financier accused of defrauding investors of $7 billion, is mentally competent to stand trial and is faking amnesia, according to court documents. A competency hearing is scheduled for Tuesday in a Texas court. Stanford, 61, pleaded not guilty to all
Romney Camp Dismissive of Ponzi Accusations
The Romney campaign today denied a published report that alleges the presidential candidate and his eldest son have business connections to three individuals who were once accused of being involved in an $8.5 billion Ponzi scheme. The report by the liberal blog Think Progress claims that...
Why Is The Consumer Financial Protection Bureau on Trial By Congress?
Elizabeth Warren Wants to Protect Consumers -- Guess What Some Lawmakers Want to Protect
Moammar Gadhafi Turned Down Bernie Madoff, Allen Stanford
WikiLeaks: Libya Turned Down Offers to Invest With Infamous Accused Scammers
Watchdog Blasts SEC's Handling of Stanford Ponzi Scheme
ABC's Matthew Jaffe reports from Washington: On the same day the SEC is making headlines for filing fraud charges against Goldman Sachs, the agency quietly released a new watchdog report exposing its failures to take action sooner in the Allen...
Allen Stanford's Investors Want Alleged Swindler's Political Donations Returned
Democratic, Republican Lawyers May Face Uphill Legal Fight Over $1.6 Million in Contributions
Allen Stanford's Former Security Chief Claims Vindication in Acquittal
In Rare Move, Judge Orders Acquittal of Ex-DEA Agent Tom Raffanello and Co-Defendant, Calling Evidence Weak