Tag Archives: Miami Herald

The CIA, Banking Scams, and R. Allen Stanford

By Tom Burghardt In a scandal-plagued era such as ours, scarred by murderous wars, occupations and corruption that would make a Roman emperor blush, accused crooks have names; even juiced ones like R. Allen Stanford. Last year, when a federal court in Texas handed down indictments charging Stanford International Bank (SIB) and its officers with […]

Receiver Goes after Law Firms

By Hazra C Medica Court-appointed receiver Ralph Janvey has turned the spotlight on two law firms. The Miami Herald reported over the weekend that Janvey, who has been working with federal agents, is now pressing for more information directly from Stanford’s lawyers. The receiver has made a request for legal files provided to R Allen […]

Florida banking agency helped Stanford set up unregulated office to sell his CDs

Florida regulators – over objections by the state’s top banking lawyer – gave sweeping powers to banker Allen Stanford, accused of swindling investors of $7 billion. Years before his banking empire was shut down in a massive fraud case, Allen Stanford swept into Florida with a bold plan: entice Latin Americans to pour millions into […]

R. Allen Stanford and Miami-based Greenberg Traurig

Miami Herald runs an excellent story on R. Allen Stanford (charged with multi-billion fraud) and a new angle: the stage was set for Stanford’s multi-billion fraud in 1998, the year Stanford persuaded Florida banking regulators to grant his company special rights to open a Miami office outside the scrutiny of federal banking regulators. In this […]