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Keyword: pendergestholt

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  • US case tells tale of Stanford exec's legal woes

    02/28/2009 7:08:35 AM PST · by TigerLikesRooster · 13 replies · 822+ views
    Reuters ^ | 02/27/09 | Chris Baltimore
    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...