You know, we weren’t expecting that authorities, once they found him, were going to stick Allen Stanford in a burlap stack and beat him with reeds. But we also weren’t expecting handshakes and cordiality. We believe in innocent til proven guilty and all that jazz but times like these call for some dog and pony shows, and when you can’t count on the apparently worthless FBI to, at the bare minimum, shove a possible fraudster up against the wall and demand that he “spread ‘em!” and “shut up, I said shut up,” even if they had to lean in and whisper, “We’re just doing this for the press, we ain’t gonna hurt ya,” you really can’t count on anything. So, no holding in a meat locker, AND, apparently, this hideousness:
Agents with the Federal Bureau of Investigation, brought into the case by the Securities and Exchange Commission, located Mr. Stanford on Thursday afternoon in Fredericksburg, Va., about 55 miles south of Washington, said Richard Kolko, a spokesman for the F.B.I.
F.B.I. agents were waiting at the home of a relative of Mr. Stanford’s in Fredericksburg when he arrived in a car with a girlfriend, according to a law enforcement official who spoke on the condition of anonymity because he was not authorized to discuss details of the episode.
Mr. Stanford was “extremely cordial and cooperative,” the official said. “They served him with the papers, said ‘Have a good day,’ and left.”
F.B.I. Finds Financier Suspected of Fraud [NYT via Daily Intel]
f*cking bullshit institution!
He must have had the news TiVoed or something.
Was he not aware that the SEC was looking for him to serve papers?
Next you gonna tell me he convinced the Feds his name was Barry Allen of the Secret Service?
less postings today! me thinks all the children are at school.
Spread your cheeks and lift your sac….
There is absolutely nothing this 2-bit, third-world government would do, or neglect to do, that would surprise me.
Props for hiding out about 5ft from Quantico. No wonder the FBI couldn’t find him.
Come on, think about it…do you really think the story is this simple?
The guy ran a bunch of banks in Latin America. You think there isn’t a pending indictment on money laundering or drug running?
If he has been soaking up drug money for the last decade, it’s possible they are trying to turn him.
Do you really believe the FBI had to “try hard” to find him? They know exactly where the guy is.
less postings today! me thinks all the children are at school.
@7- that’s a completely separate point. regardless of whether or not they had to “try” to find him, they should’ve given the people what they want.
“Kitsy Young” sounds like a C-list porn star.
Insane. Ripping off people for decades and when the jig is up you hide in virginia? Wait, Did Virgiaia become Tax-exempt in the stim bill – I’m only up to page 720 -did I miss it? @3 lol
It probably before the GJ as we speak.
@9
Based on what logic? Unlike Madoff, and correct me if I’m wrong, there doesn’t appear to be any sob stories here: no poor unfortunate charities, no widows, orphans, etc, etc.
@6
ftw
he was with a girlfriend? when will the fraud end!
They just put his exact location in the NY Post and left him hanging there for his drug dealer buddies to come say hi.
How long do you think it will take him to turn on everyone?
if certain allegations are true, he was either running to or from mexico. again if true, no surprise that he’s a couple of bliocks fromt he fredericksberg office of the fbi. and what impression does “extremely cordial and cooperative” give if there is a washing or black market peso side to all of this? girlfriend? do her pals call her “little mel?”
This is BS
PBS/ BBC are reporting Stanford AND his Lobbyist and Brendan Sullivan [the best criminal lawyer in DC] met at FBI HQ’s yesterday to start negotiations.
The VA thing was later in day after some tip off
Clemenza should give him a ride to the airport, not the FBI.
If Bess was in charge of the investigation, I am sure he would have been arrested and a body cavity search would have been ordered.