Posted on 02/19/2009 7:19:55 AM PST by TigerLikesRooster
Cricket promoter Allen Stanford linked to drugs investigation
The FBI is investigating Sir Allen Stanford over possible links to a Mexican drugs cartel, according to reports.
By Paul Kelso, Chief Sports Reporter, Houston
Last Updated: 3:03PM GMT 19 Feb 2009
In a report screened on Wednesday night on ABC News in the US, it was claimed that Sir Allen was suspected of laundering money for the notorious Gulf cartel, and that one of his private jets was detained as part of the investigation last year.
The reports come 36 hours after the Security and Exchanges Commission charged the Texan financier with an alleged $8bn fraud. Sir Allen is still at large having failed to respond to the SEC's charges, and is reported to have tried and failed to charter a jet from Houston to Antigua.
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According to the ABC report, the investigation into Sir Allen's alleged links to drug cartels has been running since last year when the Mexican authorities detained one of Sir Allen's private planes. Authorities say Sir Allen could potentially face criminal charges of money laundering and bribery of foreign officials.
Authorities say the SEC action against Sir Allen on Tuesday may have complicated the federal drug investigation.
The federal investigation, however, did not stop Sir Allen from using corporate money to become a big man at last year's Democratic convention in Denver.
A video posted on the firm's website shows Sir Allen, now sought by US Marshals, being hugged by Speaker of the House Nancy Pelosi and praised by former President Bill Clinton for helping to finance a convention-related forum and party put on by the National Democratic Institute.
(Excerpt) Read more at telegraph.co.uk ...
How did this dude get knighted?
“being hugged by Speaker of the House Nancy Pelosi”
Democrats will hug anyone with money, except taxpayers.
A Parliament of whores!
All whores are offended by any comparison to our legislature and the demonicRat party!
If the guy is a citizen of England then all of his donations are illegal - at least that is my recollection of how our election finance laws work. Am I wrong?
How....money applied to sooth a sore spot...would be my guess
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