<![CDATA[Caribbean Press Releases - recent news & press releases - Articles - Allen Stanford ]]> http://www.caribbeanpressreleases.com en-us N/A [email protected] Wed, 24 Apr 2013 19:14:41 CDT 20 <![CDATA[Stanford gets 110 years for role in $7B swindle]]> http://www.caribbeanpressreleases.com/articles/9538/1/Stanford-gets-110-years-for-role-in-7B-swindle/Page1.html HOUSTON (AP) — Former jet-setting Texas tycoon R. Allen Stanford had plenty of things to say Thursday before a federal judge sentenced him to 110 years in prison for bilking investors out of more than $7 billion over two decades.
]]>
[email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/9538/1/Stanford-gets-110-years-for-role-in-7B-swindle/Page1.html
<![CDATA[U.S. Congress Seeks Hearing to Examine Antigua Government's Role in $7 Billion Stanford Pnzi Scheme]]> http://www.caribbeanpressreleases.com/articles/9267/1/US-Congress-Seeks-Hearing-to-Examine-Antigua-Governments-Role-in-7-Billion-Stanford-Pnzi-Scheme/Page1.html Washington - March 17, 2012 - A group of ten United States Congressmen from seven states have asked House Committee on Foreign Affairs Chairman Ileana Ros-Lehtinen (R-FL) to hold a Congressional hearing to investigate the government of Antigua and Barbuda’s role in the $7.2 Stanford billion Ponzi scheme and determine if international treaties have been violated.
]]>
[email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/9267/1/US-Congress-Seeks-Hearing-to-Examine-Antigua-Governments-Role-in-7-Billion-Stanford-Pnzi-Scheme/Page1.html
<![CDATA[BBC News: Stanford Found Guilty in $7bn Ponzi scheme]]> http://www.caribbeanpressreleases.com/articles/9232/1/BBC-News-Stanford-Found-Guilty-in-7bn-Ponzi-scheme/Page1.html [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/9232/1/BBC-News-Stanford-Found-Guilty-in-7bn-Ponzi-scheme/Page1.html <![CDATA[SEC practices under scrutiny in wake of Stanford case]]> http://www.caribbeanpressreleases.com/articles/8229/1/SEC-practices-under-scrutiny-in-wake-of-Stanford-case/Page1.html April 2, 2011 - As early as 1997, officials at the Securities and Exchange Commission suspected that R. Allen Stanford was running a Ponzi scheme. But they did not take significant steps to investigate until 2005, and it was not until 2009 that the agency charged Stanford with perpetrating an $8 billion fraud from Texas and his island base in the Caribbean.

Read Report: http://www.sec-oig.gov/Reports/AuditsInspections/2011/495.pdf
]]>
[email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/8229/1/SEC-practices-under-scrutiny-in-wake-of-Stanford-case/Page1.html
<![CDATA[Allen Stanford files $7bn case for damages against U.S. prosecutors ]]> http://www.caribbeanpressreleases.com/articles/8109/1/Allen-Stanford-files-7bn-case-for-damages-against-US-prosecutors-/Page1.html Feb. 18, 2011 -- Jailed Texas financier R. Allen Stanford has filed a lawsuit accusing prosecutors and federal agents of depriving him of his constitutional rights by using abusive law-enforcement tactics. Read more: http://www.dailymail.co.uk/news/article-1358285/Stanford-trial-Cricket-loving-files-7billion-case-U-S-prosecutors.html#ixzz1EKDH8UI7
]]>
[email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/8109/1/Allen-Stanford-files-7bn-case-for-damages-against-US-prosecutors-/Page1.html
<![CDATA[Stanford investors make last ditch effort to recoup their losses, file class action suit]]> http://www.caribbeanpressreleases.com/articles/7975/1/Stanford-investors-make-last-ditch-effort-to-recoup-their-losses-file-class-action-suit/Page1.html Jan. 6, 2011 - Investors who lost their money in Allen Stanford’s alleged fraud are racing against time to file a class action lawsuit against the United States government to get back all their funds.]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/7975/1/Stanford-investors-make-last-ditch-effort-to-recoup-their-losses-file-class-action-suit/Page1.html <![CDATA[Wall Street Journal Law Blog: Drama Continues In Allen Stanford Case; Judge Considers Competency]]> http://www.caribbeanpressreleases.com/articles/7974/1/Wall-Street-Journal-Law-Blog-Drama-Continues-In-Allen-Stanford-Case-Judge-Considers-Competency/Page1.html Jan. 6, 2011 -- (by Chad Bray): At a court hearing in Houston on Thursday, a psychiatrist hired by his lawyers testified that Mr. Stanford isn’t mentally fit to stand trial, in part because of the medications he is taking.]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/7974/1/Wall-Street-Journal-Law-Blog-Drama-Continues-In-Allen-Stanford-Case-Judge-Considers-Competency/Page1.html <![CDATA[Antigua PM Spencer's Remarks at the Launch of the Eastern Caribbean Amalgamated Bank ECAB ]]> http://www.caribbeanpressreleases.com/articles/7818/1/Antigua-PM-Spencers-Remarks-at-the-Launch-of-the-Eastern-Caribbean-Amalgamated-Bank-ECAB-/Page1.html Nov. 30, 2010 -- Like a phoenix rising from the ashes, today the Eastern Caribbean Amalgamated Bank (ECAB) rises from the misfortunes of its predecessor, Bank of Antigua.]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/7818/1/Antigua-PM-Spencers-Remarks-at-the-Launch-of-the-Eastern-Caribbean-Amalgamated-Bank-ECAB-/Page1.html <![CDATA[Antigua: Stanford ghost laid to rest – new amalgamated bank launched]]> http://www.caribbeanpressreleases.com/articles/7588/1/Antigua-Stanford-ghost-laid-to-rest--new-amalgamated-bank-launched/Page1.html St. John's - Oct. 19, 2010 -- Eastern Caribbean Amalgamated Bank (ECAB) was officially launched yesterday as the replacement financial institution for the former Bank of Antigua.]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/7588/1/Antigua-Stanford-ghost-laid-to-rest--new-amalgamated-bank-launched/Page1.html <![CDATA[Antigua: Sun Newspaper Employees on the Job]]> http://www.caribbeanpressreleases.com/articles/6670/1/Antigua-Sun-Newspaper-Employees-on-the-Job/Page1.html St. John's -- April 19, 2010 -- Employees of Sun Printing and Publishing Company Limited were on the job yesterday, after receiving letters laying them off on Friday, with a commitment to the product but with no idea of how they will be paid.]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/6670/1/Antigua-Sun-Newspaper-Employees-on-the-Job/Page1.html