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ensho Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-19-09 10:43 AM
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Billionaire banker in 'FBI custody'

http://english.aljazeera.net/news/americas/2009/06/20096193154624306.html


Allen Stanford, the Texas billionaire who is suspected to have committed a huge fraud surrounding deposit certificates, has surrendered to US FBI agents.

The chairman of the Stanford Financial Group, based on the Caribbean island of Antigua, gave himself up in Virginia on Thursday, Dick DeGuerin, his attorney said.

-snip-

Stanford had been staying with his girlfriend in Fredericksburg, about 80km south of Washington, when FBI agents arrived on Thursday, DeGuerin said.

-snip-

The golf and cricket promoter was handed civil charges earlier this year by the US Securities and Exchange Commission (SEC) over the alleged fraudulent sale of $8bn in certificates of deposit with unusually high returns.
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good
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sarcasmo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-19-09 10:44 AM
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1. Rec, for anothr GREEDY FUCKER going to jail.
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90-percent Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-19-09 11:25 AM
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2. Olbermann quote
"Mark my words. Today they call it a bail out. Tomorrow they'll call it; "Why Daddy had to go to jail.""


-90% Jimmy
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