March 10, 2009
March 05, 2009
More than 12000 clients of Texas billionaire Allen Stanford will have their accounts unfrozen by the US authorities if they are not linked to the 8bn fraud investigation surrounding his companies....
Telegraph Finance
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at 2:46 PM
March 04, 2009
Chris Burden, the controversial performance artist, has become a high-profile victim of Ponzi schemer Allen Stanford. Stanford never delivered the artist's precious, artistic pile of gold bars. One hundred kilos of gold bricks, bought from a Stanford company for Burden's installation "One Ton One Ki...
Gawker
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Ryan Tate
at 8:16 PM
Former Stanford Financial chief investment officer Laura Pendergest-Holt, criminally charged last week for misleading federal investigators, now has a fleet of lawyers working on her cases. She’s reportedly using a team from the Salt Lake City-based firm Parsons Behle & Latimer in her civ...
WSJ.com: Law Blog
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Ashby Jones
at 8:56 AM
March 03, 2009
With interest rates being cut to the bone savers are looking for some better deals....
Telegraph Finance
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at 1:25 PM
The lawyer appointed to run the Stanford Group and two other firms controlled by Texas billionaire Robert Allen Stanford, accused in an $8 billion fraud, told a federal court on Monday that Stanford Group faces a dire financial squeeze, Reuters said. "There is a liquidity crisis in this company," Ra...
DealBook
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By DealBook
at 7:26 AM
Associated Press In this June 11, 2008 photo, Allen Stanford, poses for photos at the Lords Cricket Ground in London. (AP Photo/Lefteris Pitarakis, file) There’s a decent chance we’ll learn a little bit more today on the fate of the billions of dollars tied up in the Allen Stanford inves...
WSJ.com: Law Blog
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Ashby Jones
at 4:40 AM
March 02, 2009
The government of Antigua and Barbuda said on Monday they will instigate proceedings to take control of Guiana Island which is owned by billionaire SIr Allen Stanford. Sir Allen is accused of running an 8bn £5.7bn securities fraud....
Telegraph Finance
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at 4:37 PM
Stanford Financial Group's chief financial officer, James Davis, who is accused with the company's founder Robert Allen Stanford of carrying out a $8 billion Ponzi scheme, has refused to cooperate in the investigation. Mr. Davis asserted his Fifth-Amendment right, declining "to testify or provide an...
DealBook
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By DealBook
at 7:11 AM
February 28, 2009
Sir Allen Stanford the financier charged with a 9 billion fraud by US authorities has now been ordered to pay an estimated £200000 in legal costs after losing a court case against an Antiguan businesswoman he tried to have evicted from her own land....
Telegraph Finance
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at 12:07 PM




