NASCAR DAD Robert Allen Stanford : Fraud ?
Texas billionaire Robert Allen Stanford, bilked 30,000 investors out of over $7 billion in a fraud scheme. Another massive Ponzi scheme. Criminal conspiracy and fraud. 80% of his banks investment port... Posted on 7/17/09 at 10:25 AM
With the disclosure of the gigantic swindle perpetrated by some dude most Americans never heard of — Bernard L. Madoff — one doesn’t have to look hard to find at least a partial enabler in this stultifying drama. It is, of course, the Securities and Exchange Commission, the institution created during the Great Depression to stop just such an activity.
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