SEC investigates Stanford International Bank, issues subpoenas to former employees

By David Marchant

16 years ago

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Keywords

Allen Stanford Charles Rawl Guardian International Bank Mark Tidwell

For the second time in 19 years, an offshore bank controlled by Allen Stanford is being investigated by regulators.
In the late 1980s, his Montserrat-licensed Guardian International Bank voluntarily surrendered its license, rather than have it forcibly revoked by the local authorities as part of a general clampdown against approximately 300 banks licensed in the jurisdiction.

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