Tag Archives: certificates of deposit


Stanford Receiver, SEC Ask Judge to Bar Investors From Lawsuit

Bloomberg – Stanford Group Co.’s court-appointed receiver and securities regulators asked a U.S. judge to deny requests by hundreds of investors to join the regulatory lawsuit at the heart of an $8 billion fraud investigation. The receiver, Ralph Janvey, and […]

Stanford workers had ties to regulator FINRA

Reuters – Two employees of Allen Stanford’s financial business, which U.S. regulators have accused of massive fraud, held advisory roles at a watchdog group overseeing U.S. broker-dealers aimed at preventing abuses. Lena Stinson, director of global compliance at Stanford Financial […]

Absolute-Return Funds Promise the Holy Grail

Bloomberg – Gather round, children, to hear about the investments you’ve been waiting for. They suggest that you might get positive returns in any economic climate, regardless of whether stocks are going up or down. Wait — don’t run! It’s […]

Stanford link to ‘second family fund’

In the News – A fund of hedge funds run by two members of US vice president Joe Biden’s family was marketed by firms connected to Sir Allen Stanford, it has been claimed. The Texan billionaire is facing charges over […]

Texas Money Manager Charged with $8 Billion Fraud

New York (HedgeCo.Net) – The Securities and Exchange Commission charged Texas businessman Robert Allen Stanford yesterday along with three of his companies for running a fraudulent $8 billion investment scheme. "We are alleging a fraud of shocking magnitude that has […]

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