Here's a picture of the premises.
Posted on 02/19/2009 3:06:43 PM PST by kcvl
SEC Moving to Seize Billionaire's Planes, Yachts, Bank Accounts, Homes...
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 ...
...he gave up, he couldn’t find clinton to help him out
Just the fact that he was once a banker in Montserrat is all you ever needed to know.
TRANSLATION: " Why the hell should I run? I've funneled millions to Zero!" "I've hidden every liquid asset I could - a slap on the hand, a quiet pardon, and I'm up outta here!"
In the meantime, the SEC has begun to seize an array of private property owned by Stanford and his firm.
Stanford’s fleet of six private jets were recalled to the corporate hangar at Sugarland Airport outside Houston, including the Bombardier 500 luxury jet that was used exclusively by Stanford and considered the “Flagship of the Stanford Empire,” according to aviation websites.
Stanford’s 120 foot yacht, the Sea Eagle Bikini, docked at a marina in St. Croix is also likely to be seized, and SEC attorneys contacted marina owners in St. Croix to determine the precise location of the yacht.
Stanford also owns a huge mansion in St. Croix, located in the main city of Christiansted.
Stanford has hired Brendan Sullivan of the Washington firm Williams Connolly (the capital’s top criminal defense lawyers).
Looks like Sanford decided he was better off dealing with our authorities than the Mexican Drug Cartels he was working with.
Here's a picture of the premises.
Good point!
Oh well, close enough.
caught the creep
Yeah! they got some stuff, but it’s not exactly what I’ll call liquid.....betcha dollar to a donut, there’s a billion or two worth missing somewheres.....
BTW, he gives up his Passport. Big deal, he could easily have alternate identity papers that are perfect plus the ability to go wherever he wants, passport or not. Giving up his Passport is just so much symbolism.
maybe its all an accounting error
We MUST demand to get those BILLIONS back!! WATERBOARD the bastard until he coughs up those billions!! Apparently the meidaWHORES are giving their buddy the glove treatment, BUT God forbid if this was Enron!!
he accidently lost it all on TurboTax?
He can move in with Bernie. . . . . They both Made Off wiff other peoples dough
This Ben Barnes?
....arrested on route to D.C. to become a cabinet member.
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