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On the basis of information brought to light by NLPC, Nigerian-born physician Dorothy Ogundu was arrested yesterday. She is charged with multiple counts of grand larceny, forgery and falsifying business records by the New York state Attorney General. Ogundu ran a Queens, New York Health clinic for which Rep. Gregory Meeks (D-NY) secured $380,500 in federal funds. She is a prominent Meeks supporter, and until yesterday, a fixture of the Queens political scene. After reviewing Meeks' earmarks in 2011, NLPC decided to take a closer look at Angeldocs, Inc., which operates the Aki Life Health Center located in Queens, New...

In Part 1, I introduced you to GS1. A United Nations sanctioned not for profit organization with an intent to tag every thing with RFID technology. In this article I will expand on GS1, as well as introduce you to pilot projects, organizations, and people working to implement this agenda. This article will give readers a introduction to the cashless society, as well as the groups and people behind it...... ....a brief review of some history is necessary. Many reading this will be familiar with the Earth Charter. This document more than any other helped lay the foundation of the...

The Clinton Foundation is a cesspool of corruption, first check out today's article in The Observer , it's an eye-opener, but not surprising. This video was put out by Fox last May, but it's worth a re-visit

Federal criminal authorities are investigating whether a former U.S. securities regulator inappropriately represented alleged fraudster Allen Stanford after he left the agency in 2005. Spencer Barasch, former head of enforcement for the U.S. Securities and Exchange Commission in Fort Worth, Texas, is being probed by the U.S. Attorney's Office and Federal Bureau of Investigation, SEC enforcement director Robert Khuzami and SEC Inspector General David Kotz told lawmakers on Friday. The criminal probe follows SEC internal findings that Barasch made numerous requests after he left the SEC to represent Stanford and was turned down each time. Barasch persisted in his requests...

The Securities and Exchange Commission knew since 1997 that R. Allen Stanford likely was operating a Ponzi scheme but waited 12 years to bring fraud charges against the billionaire, the agency inspector general said Friday. An SEC enforcement official who helped quash investigations of Stanford's business later legally represented him... The findings were the latest in a string of black eyes for the SEC, following a series of reports issued by Kotz's office last year that chronicled in detail how the agency bungled five investigations of financier Bernard Madoff's business between June 1992 and December 2008.

Rep. Gary Meeks (D-NY), already under scrutiny for his relationship with Ponzi billionaire Allen Stanford, is deeply involved with a nonprofit group in Queens, New York called New Direction Local Development Corporation. Our review of IRS tax returns, New York state budget records, and other documents suggests that New Directions does little development. Instead, it appears to operate to the benefit of Meeks and a state Senator named Malcolm Smith, and much of the money it has raised is simply unaccounted for. New Direction has received at least $56,500 in New York state taxpayer funds since 2001, at the direction...

It took a long time for anyone to point out an obvious phenomenon about the $60 billion Bernard Madoff Ponzi scheme, the largest in history. It was that Madoff victimized thousands upon thousands of his fellow American Jews. By the time that phenomenon was recognized, it was too late for Americans to properly digest the intellectual nutrients it offered. The story was over. But now it turns out that another Madoff-like Ponzi operation, this one the world’s second largest, also laid financial waste to Jews. This clearly is no one-off phenomenon. As a story, the Stanford Financial Group of banks...

Reuters newswire service recently published a story reporting that accused swindler Allen Stanford has been moved to a federal lockup facility in downtown Houston in order "to be closer to his attorneys." In fact in a fairly long story as wire copy goes, Reuters reports all sorts of details of Stanford's alleged financial crimes and current status. There is only one little detail that Reuters seems to have forgotten to report. Allen Stanford was a major fundraiser and lobbyists for some of the biggest Democrats in the country. There isn't a single mention, for instance, that Stanford lobbied Congress for...

The jailed Texas billionaire Sir Allen Stanford has been hospitalised after a jailhouse brawl with another inmate. Stanford was badly beaten but his injuries were not said to be life-threatening. The incident occurred at the privately run Joe Corley detention centre north of Houston, Texas. A US Marshalls spokesman said: "He got into an altercation with another inmate. He's being examined by medical staff and treated for his injuries." His lawyer Kent Schaffer added: "Mr Stanford is fine. Contrary to reports, he is not in intensive care at the hospital. "I understand his injuries are not serious enough to keep...

The industry self-regulatory organization that was supposed to police the brokers at the Stanford Financial Group acknowledges that a Stanford employee alleged in 2003 that the company was running a Ponzi scheme, but the organization did not follow up on the claim based of its own policy, which has since been changed. The disclosure comes in testimony from Daniel Sibears, Executive Vice President of the Financial Industry Regulatory Authority, FINRA, prepared for a Senate Banking Committee hearing on Monday. In 2003, Stanford advisor Leyla Wydler alleged in an arbitration case that the company was "engaged in a Ponzi scheme to...

IRS Debt Did Not Stop Him from Donating Generously to Politicians While accused billionaire fraudster R. Allen Stanford was showering pols with cash, he stiffed the IRS for over $100M.....In 2002-03, Stanford had enormous tax debts while campaign records show Stanford personally gave $100’s of $1000’s: $560K to Dem Sen Campaign Committee, $100K to Ntl Repub Cong Committee, $10K to Dem Cong Campaign Committee, $4K to Sen Schumer, $3K to Sen Dodd, $2K to Sen Shelby, $1K to Sen Reid. After the lien was filed, Dems thanked Stanford at their 2008 Denver convention for $150K to sponsor a Dem...

The bizarre fraud case of wealthy Texan R. Allen Stanford took a turn yesterday after federal prosecutors pointed a finger at a high-ranking Antiguan financial regulator, who they say accepted bribes from Stanford in exchange for covering up a $7 billion Ponzi scheme.That revelation came as Stanford, 59, and a cadre of cohorts were indicted in connection with the alleged fraud, which has extended from Stanford's Houston headquarters to the tropical island of Antigua, where Stanford was knighted and is referred to as "Sir Allen." In addition to Stanford, his former chief investment officer, Laura Pendergest-Holt, 35, was indicted for...

WASHINGTON—A federal grand jury in Houston returned a two-count indictment today charging Laura Pendergest-Holt, the chief investment officer of Houston-based Stanford Financial Group (SFG), with conspiring to obstruct a U.S. Securities and Exchange Commission (SEC) proceeding investigating SFG, as well as a substantive count of obstructing the SEC proceeding, Assistant Attorney General of the Criminal Division Lanny A. Breuer and acting U.S. Attorney for the Southern District of Texas Tim Johnson announced. The federal court in Houston will be issuing an order summoning Pendergest-Holt to appear in the near future for arraignment. Pendergest-Holt has been free on a $300,000 bond...

Since 1999, he's been buying himself favors by working with the DEA. No wonder he still hasn't been arrested. From the very beginning of the Allen Stanford scandal, there's been speculation of his playing some role in the drug trade, and talk that he may have been some kind of US government asset. That's been confirmed by the BBC: Secret documents seen by Panorama (BBC) show both governments knew in 1990 that the Texan was a former bankrupt and his first bank was suspected of involvement with Latin American money-launderers. ... He was initially investigated by the SEC for running...

Sir Allen Stanford is a man with many connections: to tax havens, to glamourous sporting events and also to Washington DC. The list of US politicians who have received campaign contributions from Sir Allen, reads like a who’s who of the great and the good. Prominent names include Barack Obama and Hillary Clinton, John McCain and George W. Bush. Leading members of the congressional committees with oversight for the banking and financial systems were also among the biggest beneficiaries of Sir Allen’s largesse.Many on the list have scrambled to distance themselves from the Texan billionaire as federal authorities have widened...

In case you were wondering, take a trip to Opensecrets.org and search on Bernard Madoff as a contributor. My search says he gave $183,250 over all election cycles, with a cool $100,000 going to the Democratic Senatorial Campaign since 2005 and most of the rest going to individual Democrats. The usual suspects such as Chuck Schumer, Charlie Rangel, Chris Dodd and Hillary Clinton show up, as well as Ron Wyden, Ed Markey, Frank Lautenberg and other Democrats. Yes, a few Republicans show up, too. I also looked up that other rip-off artist, R. Allen Stanford. He gave $855,177 by my...

FBI in search for Stanford ‘victims’ By Stacy-Marie Ishmael and Joanna Chung in New York Published: March 9 2009 23:14 | Last updated: March 9 2009 23:14 The Federal Bureau of Investigation said on Monday it was seeking to identify potential “victims” who invested in a slew of companies associated with Sir Allen Stanford as part of an ongoing investigation. The agency is seeking information from anyone who invested in either Stanford Financial Group or its affiliated companies – Stanford Capital Management, the Stanford Group Company, the Stanford International Bank, the Stanford Trust Company, and the Bank of Antigua. “If...

The Sir Allen Stanford Story: The Emperor Has No Clothes Revisited In a scheme going back over 20 years, it appears that Stanford's "Banks" were nothing more than a ponzi scam, bilking investors for billions -- atleast $8 billon and counting -- but it took a smart Venezuelan analyst named Alex Dalmady to cry out that the emperor had no clothes, setting off a chain of events that within two weeks would lead to the collapse and closure of affiliated banks in Caracas, Canada, Colombia, Peru, Ecuador and Antigua. By Russ Dallen Latin American Herald Tribune staff In the early...

Have you invested in the Stanford Financial Group or its affiliated companies in recent years? If so, you may be a victim of a multi-billion dollar investment fraud. The Stanford Financial Group, which provides wealth management services to customers in some 140 countries, is under FBI investigation. On February 26, its Chief Investment Officer was charged with obstructing a separate investigation by the U.S. Securities and Exchange Commission. Our case is ongoing, and while we can’t provide any additional information on our investigation at this time, we do need to hear from you to identify victims and to determine...

US case tells tale of Stanford exec's legal woes By Chris Baltimore Fri Feb 27, 4:03 pm ET HOUSTON (Reuters) – Laura Pendergest-Holt, who spent Thursday night in a Houston detention center, can trace her legal ills to a private aircraft hangar in Miami. That's where the Stanford Financial Group's 35-year-old chief investment officer huddled with other executives and lawyers on January 22 to hammer out a strategy for dealing with federal investigators. They were probing what they would later call a massive scheme to defraud holders of $8 billion worth of certificates of deposit in an Antigua-based bank. In...