has allen stanford been found yet????

[spanone]

any follow up on the leader of the stanford financial group.....is he still on the run?

just haven't heard anything.....

[The_Casual_Observer]

1. He was caught in Virginia a few weeks/days? ago.

[spanone]

2. thanks i lost track of the story......

[The_Casual_Observer]

5. He was sure a weird bastard.

Hard to imagine being duped by a creep like that.

[spanone]

6. i had some funds at smith barney and my broker there quit his job to run stanford's new office

he invited me over, showed me their entire floor of a new high rise building they were just beginning to occupy....he tried to convince me to move my funds there....i didn't ....thank god....i hope he didn't put his money there
either.....they certainly 'looked' legit

check out their website..for whatever reason, it's still up .....http://www.stanfordfinancial.com/

[The_Casual_Observer]

7. You are smart & lucky too.

Makes you wonder if all those folks on the webpage were in on it too.

I just noticed that all the director/staff stuff is gone now.

[spanone]

10. somehow it just didn't 'feel' right....nothing in particular

plus, i didn't like the idea of an investment company that was owned by one person...

[zane25]

3. Yep

The feds found him and told him he was a bad boy and they were not happy with him. I mean he only stole a few billion what were they supposed to do, arrest him?

[spanone]

4. well, after bernie's 50 bil, allen looks like a petty thief

[MadBadger]

8. Last I heard he was, but hasnt been charged with anything yet.

[spanone]

11. i just found this.......he has

SEC Charges R. Allen Stanford, Stanford International Bank for Multi-Billion Dollar Investment Scheme


Washington, D.C., Feb. 17, 2009 — The Securities and Exchange Commission today charged Robert Allen Stanford and three of his companies for orchestrating a fraudulent, multi-billion dollar investment scheme centering on an $8 billion CD program.

Stanford's companies include Antiguan-based Stanford International Bank (SIB), Houston-based broker-dealer and investment adviser Stanford Group Company (SGC), and investment adviser Stanford Capital Management. The SEC also charged SIB chief financial officer James Davis as well as Laura Pendergest-Holt, chief investment officer of Stanford Financial Group (SFG), in the enforcement action.

http://www.sec.gov/news/press/2009/2009-26.htm

[dysfunctional press]

9. i thought he turned himself in awhile back...

did he decide to scoot again..?

[malaise]

12. I posted this earlier

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5194200&mesg_id=5194200