Posts Tagged ‘Robert Allen Stanford’

Allen Stanford Performs Another Trick

June 15, 2012

Chidem Kurdas

A lot of conmen are magicians, says John Tonsick, a forensic accountant and founder of Fraud Solutions. Yesterday in a Texas courtroom Robert Allen Stanford certainly tried to pull off another trick —his last chance before he was sentenced to 110 years for a $7-billion-plus fraud. (more…)

Ponzi Scheme vs. Regulation Cost

May 10, 2012

Chidem Kurdas

Brokerages can play a key role in stopping fraud. Thus in 2008 Pershing stopped wiring money for its customer, Robert Allen Stanford’s Houston-based company. (more…)