Posted on 02/19/2009 2:25:09 PM PST by pissant
The billionaire banker accused of scamming $8 billion, R. Allen Stanford, was located by FBI officials today and served with civil papers by the SEC, putting an end to a nationwide search.
Stanford later turned in his passport to federal prosecutors, saying "he would not flee," according to one of Stanford's lobbyists, Ben Barnes.
(Excerpt) Read more at abcnews.go.com ...
It’s too bad he didn’t give them a reason to shoot his sorry ass.
Good news....though a rich man can get out and to somehwere else without a “passport”....or an Antigua one
Nahhhhh, nobody rich would have false documents...
Sullivan is considered one of the capital's top criminal defense lawyers who has handled a long list of high-profile clients including Oliver North and Senator Ted Stevens (R-Alaska).
How'd that work out for Ted anyways???
Day yum- he lost drug cartel money
Bet he is begging DOJ to send him to Gitmo for safety
Yeah, right. This guy could use pocket change to by a $50 million dollar private jet, and hit the road to the Caribbean.
Barnes? Was he a member of the rat party in Texas?
Ben Barnes was involved in the Dan Rather forged document scandal.
If some poor guy walks into a store and steals something he needs that costs $20, he gets cuffed and hauled to jail (as he should), but this Stanford guy, like Maddoff, steal the monetary equivalent to the median US income for 2007 of 160,000 working families, and he just walks with paperwork ?
I've had enough of this crap.
Go ahead and check my numbers...
8,000,000,000 / 50,000 = 160,000.
“How’d that work out for Ted anyways??? “
I don’t think that was Sullivan’s fault. His usual strategy is to pick apart the prosecution’s case for years, with endless motions and discovery demands. Stevens insisted upon an immediate trial, in an attempt to win re-election. Stevens also insisted upon taking the stand to testify. I’m sure both went against Brendan Sullivan’s advice.
In Washington?
How appropriate.
Sing!
http://www.freerepublic.com/focus/f-news/2189070/posts
“If he does, he’s got a real problem because he knows an awful lot. And I would suspect there are a number of people, very heavyweight people, throughout the offshore world and in other jurisdictions who really don’t want to be associated with Mr Stanford and are not going to be pleased if he talks. So this man has a very, very serious problem.”
http://hotlineoncall.nationaljournal.com/archives/2009/02/stanford_retain.php
Stanford Retains Williams & Connolly
February 19, 2009 4:40 PM
Texas financier R. Allen Stanford who was charged by the Securities and Exchange Commission this week with fraud to the tune of $8 billion, has retained Williams & Connolly — the home of famed white collar attorney Brendan Sullivan — to represent him, according to two sources familiar with the case. Calls to Williams & Connolly were not returned.
(snip)
I have NEVER felt so down about my country as right now.
NEVER.
Put him up against the wall.
He was just in Washington to try and get bailed out to pay off his investors.
More than one comic book has started out this way....
That’s how I read the article.
Makes sense to me. Birds of a feather...vote democrat.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.