Allen Stanford

  • News

    Ex-Stanford Execs. Worried That Future Compliance Officers Might Have To Pay Attention

    You might think Daniel Bogar, Jason Green and Bernerd Young would consider themselves pretty lucky. Unlike some of their colleagues at the once-august Stanford Financial Group, they will not spend between three and 110 years in jail and will consequently not get their faces kicked in at a private prison in Texas. You would be wrong. […]

    / Aug 6, 2013 at 3:03 PM
  • agree to disagree

    Allen Stanford Has No Idea What You’re Talking About

    “I didn’t run a Ponzi scheme, I didn’t defraud anybody, and there was never any intent to defraud anybody,” Mr. Stanford, wearing a green prison jumpsuit, told U.S. District Court Judge David Hittner before he was sentenced [to 110 years in prison]. [WSJ]

    / Jun 14, 2012 at 2:46 PM
  • News

    Bernie Madoff Is Still The King

    Though it looked like Sir Allen Stanford might dethrone him with a recommended sentence of 230 years…

    / Jun 14, 2012 at 1:28 PM
  • News

    So Allen Stanford Might Be Going Away For A While

    U.S. prosecutors have urged a judge to send convicted financier Allen Stanford to prison for 230 years, calling him a “ruthless predator” whose $7 billion Ponzi scheme was among the most egregious frauds ever undertaken. Such a sentence, the maximum recommended under federal sentencing guidelines, would be 80 years longer than Bernard Madoff got in […]

    / Jun 11, 2012 at 2:56 PM
  • News

    Allen Stanford Puts On Unusually Brave Face While Hearing Verdict Of Guilt

    April 7, 2009: The then Sir Allen Stanford chokes back tears over being deprived of being named Forbes’ 405th richest person in the world as a result of the Ponzi charges (which he described as “baloney” and informed a reporter using the dirty word, “If you say Ponzi to my face again, I will punch you in the mouth”).
    March 6, 2012: “A federal jury convicted international financier R. Allen Stanford on 13 of 14 charges of money laundering and fraud in a Ponzi scheme that lost billions of dollars for investors…As the verdict was read Mr. Stanford, wearing a dark suit, turned to where his family members were sitting and appeared to mouth the words, ‘It’s OK.'”

    / Mar 6, 2012 at 3:15 PM
  • News

    Did Allen Stanford’s Jailhouse Beating Cause Brain Damage? Prosecutors Aren’t So Sure

    Remember when alleged Ponzi-schemer Allen Stanford was beaten so severely that he lost feeling in the right side of his face and landed in the hospital looking like that? His lawyers say his brain was “injured” as a result, that he has a “major depressive disorder,” is addicted to anti-anxiety drugs and is “not competent […]

    / Jan 6, 2011 at 4:25 PM
  • News

    Sir Allen Stanford Beaten To Point Of Losing Feeling On Right Side Of Face For A Second Time

    Last May, accused Ponzi schemer Allen Stanford’s lawyers asked that their clients be let out of prison for two reasons. 1) Keeping him there ahead of his trial, scheduled to start in January 2011, was unconstitutional and 2) he was getting this shit beat out of him, including one incident in which he was “so […]

    / Nov 8, 2010 at 3:08 PM
  • News

    Allen Stanford Wants Out Of Prison, Claims Constitutional Rights, Among Other Things, Are Being Violated

    Hey remember Allen Stanford? It’s been a while, hasn’t it? When we last checked in with the accused Ponzier, in December, a prison psychologist was arguing that if the guy wasn’t let out of jail ASAP, it was very likely he’d “a complete nervous breakdown.” Apparently that wasn’t a convincing argument for those who make […]

    / May 19, 2010 at 10:46 AM
  • News

    Allen Stanford Wants Out Of Prison ASAP

    If accused Ponzi schemer Allen Stanford is not released from the big house on bail, it’s very likely that he will go batshit insane, according to a prison psychologist. This is sad for a couple of reasons: 1) it sounds like he really might be losing it and should be let out and 2) no […]

    / Dec 23, 2009 at 10:15 AM
  • News

    Allen Stanford Suffers Another Blow, George Soros Not So Much

    This one didn’t come at the hands of a fellow inmate but everyone on the inside would be wise to stay out of Sir Stan’s way to today, as odds are he is in a mood. One word– and I mean one!– and you’re gonna get punched in the mouth. We knew this was coming […]

    / Oct 2, 2009 at 1:29 PM
  • News

    SEC Gets Picked Off Again

    The SEC is finding new and creative ways to tarnish its image. After estimating that it would recover close to $1 billion in assets in the Stanford fraud case, the SEC now finds itself shoulder to shoulder with the guy they intend to prosecute. The receiver in the Stanford case, Ralph Janvey, has petitioned the […]

    / Jun 22, 2009 at 4:43 PM
  • News

    Drugs And Money

    You just knew something wasn’t right with Sir Allen Stanford. Too loud. Too bold. Too self-promoting. Totally out of the mold for the quiet, offshore banking empire he was supposed to be heading. How would it be that anyone so loud would fail to attract the notice of the Regulatori for so many years? Well, […]

    / May 11, 2009 at 9:36 AM

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