Monthly Archives: December 2010

WikiLeaks reveals US worries over Allen Stanford

US diplomats were worried about Allen Stanford’s business dealings three years before his financial empire collapsed, according to WikiLeaks. The Guardian, which has been publishing details of the cables, said the US embassy in Barbados raised the issue in a cable dated May 3, 2006 after the ambassador attended a breakfast meeting with Stanford and […]

Allen Stanford: Brokers face charges

By Alex Hawkes US authorities have told several brokers that they intend to file civil charges against them over the alleged $8bn Ponzi scheme at Allen Stanford’s banking group. US regulators have widened their investigation into the alleged fraud at Allen Stanford’s banking group, and are now looking at brokers who worked with the bank […]