patrick.net

  new post
register or log in

patrick.net's 40 proposals »

10,746 registered users, 2 online now: APOCALYPSEFUCK_is_ADORABLE, curious2

Madoff's and Stanford's enablers all "respectable legal and accounting firms

By tovarichpeter   2012 Nov 29, 6:51am   ↑ like   ↓ dislike   290 views   0 comments   watch (0)   share   quote  

http://www.mcclatchydc.com/2012/11/29/175927/ponzi-artist-investigated-ex-state.html

In 2006, Allen Stanford had yet to be identified as the mastermind of one of the largest and longest-running Ponzi schemes in U.S. history, but he faced mounting pressure. Federal securities examiners were pushing for an investigation into his investment operation, which tens of thousands of soon-to-be victims had entrusted with nearly $7 billion. Some of the Texas financier’s own employees were threatening to tell authorities what they knew about his fraud. Stanford was so concerned that a former senior State Department official named Jonathan Winer might expose his colossal con game that he ordered an investigation into Winer’s private...

Watch comments by email

home   top   users   about   contact  
#investing   #housing   #politics   #humor  
housing crash   thunderdome   sexy pix   site suggestions  
best comments   ad hominem comment jail   patrick.net on twitter   random post  
please recommend patrick.net to your boss