The continuing ramifications of the Allen Stanford Ponzi scheme reminds us that in the battle against corruption, it’s time actions were matched to words.
One of Allen Stanford’s victims said that Stanford was worse than Bernie Madoff, who has just died, because Stanford targeted middle-class investors. “He stole more than millions,” the victim said, “he stole our lives as we knew them.”
Society Generale has been ordered to return $150 million of cash stolen by Ponzi fraudster Allen Stanford Ponzi – a “significant victory” said Martin Kenney, general counsel to the joint liquidators of Stanford International Bank.
Stanford investors to remove liquidator