Posted on 02/18/2009 1:40:24 PM PST by pissant
Texas financier R. Allen Stanford is accused of cheating 50,000 customers out of $8 billion dollars but despite raids Tuesday of his financial empire in Houston, Memphis, and Tupelo, Miss., federal authorities say they do not know the current whereabouts of the CEO.
The Securities Exchange Commission alleges Stanford ran a fraud promising investors impossible returns, much like Bernard Madoff's $50 billion alleged Ponzi scheme.
Investigators Tuesday shut down and froze the assets of three of the companies Stanford controls and they say the case could grow to be as big as the Madoff scandal. Like Madoff's clients, Stanford's investors are in shock
(Excerpt) Read more at abcnews.go.com ...
He even tried to give more than what is legal to the Obamunist. No wonder he is missing. His buddies in the WH tipped him off.
http://www.newsmeat.com/billionaire_political_donations/R_Allen_Stanford.php
Need to castrate that bastard like a Texas steer......
Friend of Obama and half-wit liberal hillbilly dumba*s Dem Senator Bill Nelson.
...maybe he’s applying for the Commerce Secretary position.
Antigua beckons ...
You need a Corona in that picture. He in Mehico.
Bet he’s on a well-stocked yacht in international waters...
Will Secy Holder please pickup the white courtesy phone.
A rich Rat is hold up in the Caribean and wants an early start on his pardon.
Hmmm ... they said on last nights [Houston] news that he’s been living in St. Croix.
Anyone looked in Belize?
What is it they say about a promise that seems too good to be true?
Anyone know is LPGA golfer Angela Stanford is his daughter? She is from texas and she won last week. He was a big PGA sponsor. I hope not for her sake.
I bet he's "visiting" Marc Rich. Marc's a good friend of Eric Holder.
maybe stanford is hiding in madoff’s penthouse suite??..last place anyone would think to look for him..
“Need to castrate that bastard like a Texas steer......”
Hey, I resemble that remark...
Colonel, USAFR
UT Austin, Class of ‘78
No mention of her being his daughter on the web based on a google search. She grew up in Dallas and I think he is from Houston.
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