US SEC freezes assets of Allen Stanford and his offshore banking group, accuses them of $8 b fraud

By David Marchant

14 years ago

Topics

Liquidations & Insolvencies Money Laundering USA

[ 3 more... ] [ top 5 ]

Keywords

Allen Stanford James Davis Laura Pendergast-Holt

The United States Securities and Exchange Commission has appointed a Receiver for, and frozen the assets of, offshore banker Allen Stanford, his offshore bank and related parties after accusing them of perpetrating an $8 billion fraud. The SEC took action

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