Monthly Archives: January 2010

TD Bank Loses Bid to End Stanford Investments Lawsuit

By Joe Schneider Toronto-Dominion Bank Canada’s second-biggest bank by assets, must face a lawsuit accusing it of negligence for accepting deposits for the Antigua-based bank run by alleged Ponzi scheme operator R. Allen Stanford. Investors in Alberta and Quebec claim in the suit that they lost C$17 million ($16.1 million) when Stanford International Bank Ltd. […]

Stanford’s Lawyer Played Key Role In Shielding Banker From Scrutiny

By Zachary Roth We told you arlier today about Yolanda Suarez, the Florida lawyer who forged ties with members of Congress and ran interference with journalists on behalf of Allen Stanford. But it’s also worth paying attention to another Florida lawyer and key Stanford ally, who appears to have played an equally crucial role in […]

Feds probe links between lawmakers, Allen Stanford

By MICHAEL SALLAH and ROB BARRY Just hours after federal agents charged banker Allen Stanford with fleecing investors of $7 billion, the disgraced financier received a message from one of Congress’ most powerful members, Pete Sessions. “I love you and believe in you,” said the e-mail sent on Feb. 17. “If you want my ear/voice […]